Taurus Banking & Financial Services Fund
NAV Growth: Rs 44.8600
NAV IDCW: Rs 44.3400
Suitable For Which Investors?
This is a fund that invests mainly in shares of banks and financial services companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to generate capital appreciation through a portfolio that invests predominantly in equity and equity related instruments of Banking, Financial and Non Banking Financial Companies that form part of the BFSI Sector.
Fund Manager:
1) Anuj Kapil
Education: Mr. Kapil has done PGDBM and MBA
Experience: Prior to joining Taurus Mutual Fund, he has worked with Religare Securities Ltd. and FCH Centrum Wealth Managers Ltd..
Investment Details
Min. Investment (Rs) | 500 |
Min. Addl Investment (Rs) | 500 |
Min. SIP Investment (Rs) | 1,000 |
Min. Withdrawal (Rs)1,000 | |
Min. No of Cheques | 6 |
Min. Balance (Rs) | 5,000 |
Lock-in Period | NA |
Exit Load | 0.5% for redemption within 7 days |
Basic Details
Fund House | Taurus Mutual Fund |
Launch Date | 01-Jan-13 |
Return Since Launch | 11.84% |
Benchmark | S&P BSE Bankex TRI |
Riskometer | Very High |
Type | Open-ended |
Assets | Rs 10 Cr |
(As on 31-May-2023) | |
Expense | 1.68% |
(As on 31-May-2023) | |
Risk Grade | Average |
Return Grade | Average |
Turnover | 75.00% |
Taurus Banking & Financial Services Fund Trailing Returns (%)
Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
Taurus Banking & Fin Srvcs Dir | 4.04 | 0.67 | 1.84 | 14.47 | 4.59 | 34.92 | 24.98 | 13.01 | 15.01 | 14.12 |
S&P BSE Bankex TRI | 3.02 | 0.44 | 0.60 | 12.30 | 3.40 | 30.47 | 27.62 | 11.93 | 14.48 | 14.94 |
Equity: Sectoral-Banking | 6.63 | 0.58 | 3.86 | 16.35 | 7.05 | 34.00 | 26.53 | 12.03 | 14.55 | 15.17 |
Rank within category | 14 | 7 | 17 | 16 | 14 | 8 | 10 | 4 | 7 | 5 |
Number of funds in category | 19 | 21 | 20 | 20 | 19 | 18 | 13 | 12 | 11 | 7 |
Taurus Banking & Financial Services Fund Peer Comparison
Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
Taurus Banking & Fin Srvcs Dir | 4 star | 34.92 | 24.98 | 13.01 | 1.68 | 10 | 11.84 | 0.50 (7) | 10yrs 6mo | 75.00 |
Nippon Ind Banking & Fin Srvices Dir | 4 star | 37.06 | 33.28 | 12.07 | 1.19 | 4,200 | 13.75 | 1.00 (30) | 10yrs 6mo | 38.00 |
SBI Banking & Fin Srvices Dir | 4 star | 26.37 | 24.22 | 13.45 | 0.78 | 4,129 | 14.20 | 0.50 (30) | 8yrs 4mo | 90.00 |
Tata Banking & Fin Srvcs Dir | 4 star | 40.17 | 25.71 | 13.84 | 0.58 | 1,427 | 18.07 | 0.25 (30) | 7yrs 6mo | 10.93 |
Sundaram Fin Srvices Opp Dir | 5 star | 39.64 | 29.18 | 14.86 | 0.96 | 707 | 13.34 | 1.00 (365) | 10yrs 6mo | 48.00 |
Portfolio Analysis
No. of Stocks | 16 |
Top 10 Stocks | 86.90% |
Top 5 Stocks | 63.37% |
Top 3 Sectors | 98.97% |
Portfolio P/B Ratio | 1.93 |
Portfolio P/E Ratio | 15.72 |
Portfolio Breakup
Fund | Category | |
Average Mkt Cap (Rs Cr) | 2,13,289 | 2,70,858 |
Giant (%) | 64.78 | 66.26 |
Large (%) | 19.62 | 17.83 |
Mid (%) | 8.19 | 12.84 |
Small (%) | 7.41 | 5.71 |
Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For Taurus Banking & Financial Services Fund
Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.
Apply Online: https://www.taurusmutualfund.com/
>> Post your MF questions @ chanakyamfguidance.com/ask-me/
>> Stock Research Reports:
https://www.analysislibrary.com/
>> NFO Guidance:
https://chanakyamfguidance.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
>> For Higher studies, Interview skills, Competitive Exam books
http://www.gyanpothi.com/search-institutes/
>> Get Good Staff or Job, Click: Staffavailable.com
>> To apply for Government & PSU jobs, click
https://www.staffavailable.com/government-psu-jobs/
>> Go to IPOs Analysis Section, Click
>> Interested in Used Automobiles or vintage cars? Click: BigGaddi.com
>> Interested in Crossword Puzzles? Click: magajmari.com
https://chanakyamfguidance.com/shriram-long-term-equity-fund/