Rating : ★ ★ ★ ★ ★
Tata Banking & Financial Services Fund Direct Growth
 ÂSectoral Fund
Fund Type
Open Ended
Investment Plan
Growth
Expense Ratio
1%
Asset Size
1057.18 Cr.
(As of 31 Jul, 2022)
Benchmark
IISL Nifty Financial Services TR INR
Riskometer
Investors understand that their principal will be at Very High Risk.
Objective
The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies in the Banking and Financial Services sector in India.
 
Fund manager
Sonam Udasi
Exit load
0.25 %
(If redeemed within 90 days)Minimum sip
₹150
Minimum investment
₹5000
Top Holdings
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Company
Assets
ICICI Bank Ltd
14.89%
HDFC Bank Ltd
14.44%
Axis Bank Ltd
8.53%
State Bank of India
8.39%
Sector Allocation
About the Scheme Type
As the name suggests, Sectoral Funds invest in specific sectors of the economy. These funds are less diversified as they invest entirely in a particular sector; hence, their risk factor also depends on the respective sector’s performance, this carrying high risk. For example, a FMCG fund will only invest in FMCG companies while a tech fund will invest in only tech companies.The aim of these funds is to give investors a chance to benefit from the growth prospects of a particular fund.
Ratings
This fund is rated 5 stars by Morning Star Ratings.