Inception Date
01 Jan 2013
NAV
38.8000 as on 16 Aug 2022
Fund Type
Equity Schemes
Risk Level
Very High Risk
Who should invest?
- Investors believe on India's long term growth potential.
- Investors who agree on the importance of the Banking & Financial Services Sector.
- Investors comfortable with the higher risk profile offered of Equity Investments.
- Investors who wish to complement their core portfolio holdings.
Fund Performance
Return(%)
NAV Details (Growth Option) |
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1 Year |
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3 Year |
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5 Year |
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Since Inception |
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Fund’s Portfolio Analysis
As on:
Banks 76.72%
IndusInd Bank Ltd. | 1.67% |
IDFC First Bank Ltd. | 1.29% |
RBL Bank Ltd. | 1.00% |
City Union Bank Ltd. | 0.32% |
CSB Bank Ltd. | 0.00% |
ICICI Bank Ltd. | 25.36% |
HDFC Bank Ltd. | 19.90% |
Kotak Mahindra Bank Ltd. | 13.54% |
State Bank of India | 9.21% |
Axis Bank Ltd. | 4.43% |
Finance 15.65%
Housing Development Finance Corporation Ltd. | 5.55% |
Bajaj Finance Ltd. | 3.28% |
Cholamandalam Investment & Finance Co. Ltd. | 2.43% |
Sundaram Finance Ltd. | 2.21% |
Mahindra & Mahindra Financial Services Ltd. | 1.34% |
Manappuram Finance Ltd. | 0.84% |
Insurance 3.36%
HDFC Life Insurance Company Ltd. | 2.25% |
Bajaj Finserv Ltd. | 1.11% |
Capital Markets 1.32%
ICRA Ltd. | 1.32% |
Motilal Oswal Financial Services Ltd. | 0.00% |
Fund Manager

Mr. Prasanna Pathak
Acting CEO ,Head of Equity and Fund Manager
Profile
He has worked with Hindustan Unilever as research analyst for 2 years, UTI Mutual Fund as Asst. Fund Manager & research analyst for 4.5 years, Taurus Mutual Fund as Fund Manager-Equity for 3 years & IndiaFirst Life as Fund Manager Equity for 5.5 years.
Fund Manager

Mr. Prasanna Pathak
Profile
He has worked with Hindustan Unilever as research analyst for 2 years, UTI Mutual Fund as Asst. Fund Manager & research analyst for 4.5 years, Taurus Mutual Fund as Fund Manager-Equity for 3 years & IndiaFirst Life as Fund Manager Equity for 5.5 years.
Riskometer
Riskometer Scheme#

Investors understand that their principal will be at very high risk
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
#Source: ICRA
Riskometer Scheme Indices

Investors understand that their principal will be at very high risk
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Risk-O-Meter - Taurus Banking & Financial Service Fund - (Indices) - S&P BSE Bankex TRI
Fund Details
Nature
Primary Investment in equity & equity related securities of companies in the Banking & Financial services sector.
Entry load
Nil
Exit Load
0.5% if exited on or before 7 days. Nil, if exited after 7 days (w.e.f 1 January 2020)
Minimum Application Amount
Rs.5000 and multiple of Re 1 thereof
Investment Objective
The primary objective of the Scheme is 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 a part of the BFSI Sector.
Date of Allotment
May 22, 2012
Benchmark
S&P BSE Bankex TRI. Benchmark Index renamed w.e.f. 01/02/2018
Asset Allocation
Equity & Equity Related Instruments of companies belonging to Banking & Financial Services Sector :80%-100%
Debt& Money Market Instruments : 0-20%
Monthly AUM
Monthly Average AUM: Rs. 9.01 Cr.
Month End AUM: Rs. 9.49 Cr.
Liquidity
Sale & repurchase on all business days.
Net Asset Value (NAV)
Face Value Rs 10/-.
Regular Plan: Rs. 30.44 (IDCW), 34.00 (G) per unit.
Direct Plan: Rs. 36.71 (IDCW), 37.14 (G) per unit.
NAV Calculation: All Business days.
Quantitative Data
Regular Plan:
Sharpe Ratio: 0.16
Standard Deviation: 28.87
Beta: 0.87
(Based on monthly returns over the past 3 years Mibor has been assumed as the risk-free rate of return)
Portfolio Turnover: 0.52
Nature
Primary Investment in equity & equity related securities of companies in the Banking & Financial services sector.
Entry load
Nil
Exit Load
0.5% if exited on or before 7 days. Nil, if exited after 7 days (w.e.f 1 January 2020)
Minimum Application Amount
Rs.5000 and multiple of Re 1 thereof
Investment Objective
The primary objective of the Scheme is 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 a part of the BFSI Sector.
Date of Allotment
May 22, 2012
Benchmark
S&P BSE Bankex TRI. Benchmark Index renamed w.e.f. 01/02/2018
Asset Allocation
Equity & Equity Related Instruments of companies belonging to Banking & Financial Services Sector :80%-100%
Debt& Money Market Instruments : 0-20%
Monthly AUM
Monthly Average AUM: Rs. 9.01 Cr.
Month End AUM: Rs. 9.49 Cr.
Liquidity
Sale & repurchase on all business days.
Net Asset Value (NAV)
Face Value Rs 10/-.
Regular Plan: Rs. 30.44 (IDCW), 34.00 (G) per unit.
Direct Plan: Rs. 36.71 (IDCW), 37.14 (G) per unit.
NAV Calculation: All Business days.
Quantitative Data
Regular Plan:
Sharpe Ratio: 0.16
Standard Deviation: 28.87
Beta: 0.87
(Based on monthly returns over the past 3 years Mibor has been assumed as the risk-free rate of return)
Portfolio Turnover: 0.52
Inception Date
22 Jul 2012
NAV
35.5100 as on 16 Aug 2022
Fund Type
Equity Schemes
Risk Level
Very High Risk
Who should invest?
- Investors believe on India's long term growth potential.
- Investors who agree on the importance of the Banking & Financial Services Sector.
- Investors comfortable with the higher risk profile offered of Equity Investments.
- Investors who wish to complement their core portfolio holdings.
Fund Performance
Return(%)
NAV Details (Growth Option) |
|
|
|
||||||
---|---|---|---|---|---|---|---|---|---|
1 Year |
|
|
|
||||||
3 Year |
|
|
|
||||||
5 Year |
|
|
|
||||||
Since Inception |
|
|
|
Fund’s Portfolio Analysis
As on:
Banks 76.72%
ICICI Bank Ltd. | 25.36% |
HDFC Bank Ltd. | 19.90% |
Kotak Mahindra Bank Ltd. | 13.54% |
State Bank of India | 9.21% |
Axis Bank Ltd. | 4.43% |
IndusInd Bank Ltd. | 1.67% |
IDFC First Bank Ltd. | 1.29% |
RBL Bank Ltd. | 1.00% |
City Union Bank Ltd. | 0.32% |
CSB Bank Ltd. | 0.00% |
Finance 15.65%
Housing Development Finance Corporation Ltd. | 5.55% |
Bajaj Finance Ltd. | 3.28% |
Cholamandalam Investment & Finance Co. Ltd. | 2.43% |
Sundaram Finance Ltd. | 2.21% |
Mahindra & Mahindra Financial Services Ltd. | 1.34% |
Manappuram Finance Ltd. | 0.84% |
Insurance 3.36%
HDFC Life Insurance Company Ltd. | 2.25% |
Bajaj Finserv Ltd. | 1.11% |
Capital Markets 1.32%
ICRA Ltd. | 1.32% |
Motilal Oswal Financial Services Ltd. | 0.00% |
Fund Manager

Mr. Prasanna Pathak
Acting CEO ,Head of Equity and Fund Manager
Profile
He has worked with Hindustan Unilever as research analyst for 2 years, UTI Mutual Fund as Asst. Fund Manager & research analyst for 4.5 years, Taurus Mutual Fund as Fund Manager-Equity for 3 years & IndiaFirst Life as Fund Manager Equity for 5.5 years.
Fund Manager

Mr. Prasanna Pathak
Profile
He has worked with Hindustan Unilever as research analyst for 2 years, UTI Mutual Fund as Asst. Fund Manager & research analyst for 4.5 years, Taurus Mutual Fund as Fund Manager-Equity for 3 years & IndiaFirst Life as Fund Manager Equity for 5.5 years.
Riskometer
Riskometer Scheme#

Investors understand that their principal will be at very high risk
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
#Source: ICRA
Riskometer Scheme Indices

Investors understand that their principal will be at very high risk
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Risk-O-Meter - Taurus Banking & Financial Service Fund - (Indices) - S&P BSE Bankex TRI
Fund Details
Nature
Primary Investment in equity & equity related securities of companies in the Banking & Financial services sector.
Entry load
Nil
Exit Load
0.5% if exited on or before 7 days. Nil, if exited after 7 days (w.e.f 1 January 2020)
Minimum Application Amount
Rs.5000 and multiple of Re 1 thereof
Investment Objective
The primary objective of the Scheme is 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 a part of the BFSI Sector.
Date of Allotment
May 22, 2012
Benchmark
S&P BSE Bankex TRI. Benchmark Index renamed w.e.f. 01/02/2018
Asset Allocation
Equity & Equity Related Instruments of companies belonging to Banking & Financial Services Sector :80%-100%
Debt& Money Market Instruments : 0-20%
Monthly AUM
Monthly Average AUM: Rs. 9.01 Cr.
Month End AUM: Rs. 9.49 Cr.
Liquidity
Sale & repurchase on all business days.
Net Asset Value (NAV)
Face Value Rs 10/-.
Regular Plan: Rs. 30.44 (IDCW), 34.00 (G) per unit.
Direct Plan: Rs. 36.71 (IDCW), 37.14 (G) per unit.
NAV Calculation: All Business days.
Quantitative Data
Regular Plan:
Sharpe Ratio: 0.16
Standard Deviation: 28.87
Beta: 0.87
(Based on monthly returns over the past 3 years Mibor has been assumed as the risk-free rate of return)
Portfolio Turnover: 0.52
Fund Download File
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Nature
Primary Investment in equity & equity related securities of companies in the Banking & Financial services sector.
Entry load
Nil
Exit Load
0.5% if exited on or before 7 days. Nil, if exited after 7 days (w.e.f 1 January 2020)
Minimum Application Amount
Rs.5000 and multiple of Re 1 thereof
Investment Objective
The primary objective of the Scheme is 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 a part of the BFSI Sector.
Date of Allotment
May 22, 2012
Benchmark
S&P BSE Bankex TRI. Benchmark Index renamed w.e.f. 01/02/2018
Asset Allocation
Equity & Equity Related Instruments of companies belonging to Banking & Financial Services Sector :80%-100%
Debt& Money Market Instruments : 0-20%
Monthly AUM
Monthly Average AUM: Rs. 9.01 Cr.
Month End AUM: Rs. 9.49 Cr.
Liquidity
Sale & repurchase on all business days.
Net Asset Value (NAV)
Face Value Rs 10/-.
Regular Plan: Rs. 30.44 (IDCW), 34.00 (G) per unit.
Direct Plan: Rs. 36.71 (IDCW), 37.14 (G) per unit.
NAV Calculation: All Business days.
Quantitative Data
Regular Plan:
Sharpe Ratio: 0.16
Standard Deviation: 28.87
Beta: 0.87
(Based on monthly returns over the past 3 years Mibor has been assumed as the risk-free rate of return)
Portfolio Turnover: 0.52