Overview
Taurus Banking & Financial Services Fund Direct Growth
Taurus Mutual Fund
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.
Investments in Taurus Banking & Financial Services Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 59.43
Fund Size (AUM)
₹11.11 Cr
Risk
Very High (Risk rating: 6/10)
Minimum Investment
Lumpsum: ₹ 500
SIP: ₹500
Launch Date
01-Jan-2013
Expense Ratio
1.6%
Exit Load
Exit load of 1%, if redeemed within 365 days.
Benchmark
BSE Bankex Total Return Index
Standard Deviation
14.82
History
Performance & Ratios
1-Year SIP Return
12.23%
3-Year SIP Return
16.46%
5-Year SIP Return
17.06%
Mean Return
16.19%
Alpha
1.93
Beta
0.96
Sharpe Ratio
0.62
Sortino Ratio
1.35
Information Ratio
0.38
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 15.64% | 17.42% | 23.4% | 12.1% |
| Category Average | 15.48% | 17.49% | 25.41% | N/A |
| Rank Within Category | 23 | 12 | 10 | N/A |
Holdings (18)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 21.52% |
| HDFC Bank Ltd. | Financial | Equity | 21.3% |
| Axis Bank Ltd. | Financial | Equity | 11.24% |
| State Bank of India | Financial | Equity | 10.61% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 9.22% |
| Bajaj Holdings & Investment Ltd. | Financial | Equity | 3.37% |
| CreditAccess Grameen Ltd. | Financial | Equity | 2.88% |
| Union Bank of India | Financial | Equity | 2.66% |
| The New India Assurance Company Ltd. | Insurance | Equity | 1.92% |
| JIO Financial Services Ltd. | Financial | Equity | 1.8% |
Holdings Analysis
Peer Comparison
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 500
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 5, 10, 15, 28
Min Amount: ₹ 1000
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Not Available
AMC Details
Asset Management Company
Taurus Mutual Fund
Taurus Mutual Fund started their mutual fund on 20/08/1993 and its managing total assets of ₹575 Cr. Its ranked at 36 as per total assets at end of 30th Sep 2016. Taurus Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Taurus Mutual Fund is one of the first mutual funds to be registered with the Security Exchange Board of India or SEBI. It was registered with SEBI on Sept 21st, 1993 under the Mutual Fund Registration Code. This was one of the first fund houses to launch fully repatriable investments by NRIs/FIIs and since then it has received investments from across the globe.
The AMC has an extremely strong investment policy. They believe that most people invest for creating wealth and they also need trusted financial partners who will take the right decisions on behalf of them. They believe in catering to both categories of investors and they provide them with an array of mutual funds ranging across different categories and market capitalization.
The basically aim for long-term growth, as well as short-term monetary gain.
Launch Date
1993-08-20T00:00:00.183Z
Total AUM
₹ 874.33 Cr
Address
3rd Floor, 301-304, ChandravillasCo-op Premises Society Ltd.AML Centre 2, 8 Mahal Industrial Estate,Off. Mahakali CavesRoad, Andheri-East, Mumbai 400093
Phone
None
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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Taurus Banking & Financial Services Fund Direct Growth
Taurus Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Taurus Banking & Financial Services Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Taurus Banking & Financial Services Fund Direct Growth?
The top stocks held by Taurus Banking & Financial Services Fund Direct Growth include ICICI Bank Ltd., HDFC Bank Ltd., Axis Bank Ltd..
Which industries does Taurus Banking & Financial Services Fund Direct Growth invest in?
Taurus Banking & Financial Services Fund Direct Growth primarily invests in the following industries: Financial, Insurance, Services.
Who is the fund manager of Taurus Banking & Financial Services Fund Direct Growth?
The fund manager of Taurus Banking & Financial Services Fund Direct Growth is Anuj Kapil.
How many years has the fund manager been managing Taurus Banking & Financial Services Fund Direct Growth?
Anuj Kapil: Calculating...
What is the minimum investment for Taurus Banking & Financial Services Fund Direct Growth?
The minimum investment for Taurus Banking & Financial Services Fund Direct Growth is ₹500 for lumpsum investments and ₹500 for SIPs.
What are the average 1-year returns for Taurus Banking & Financial Services Fund Direct Growth?
Calculating...
What are the average 3-year returns for Taurus Banking & Financial Services Fund Direct Growth?
Calculating...
What is the expense ratio of Taurus Banking & Financial Services Fund Direct Growth, and how does it compare to its category?
The expense ratio of Taurus Banking & Financial Services Fund Direct Growth is 1.6%. No category comparison data is available.