September 17, 2025
RA Jainee
Tata Nifty Financial Services Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 12.4458
NAV IDCW: Rs 12.4458
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 provide returns, before expenses, that commensurate with the performance of Nifty Financial Services Index (TRI), subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns.
Fund Manager:
1) Nitin Bharat Sharma
Education: MFM, BAF(Bachelor of Commerce Accounting & Finance)
Experience: Prior to joining the Tata MF, he was associated with Share India Securities Ltd, Sharekhan Ltd, Choice Equity Broking Pvt Ltd, Globe Capital Market Ltd. Angel Broking Ltd.
2) Rakesh Prajapati
Education: Mr. Prajapati has done B.Com
Experience: Prior to joining Tata Mutual Fund, he was working with ICICI Securities Ltd., JM Financial, Edelweiss Securities Ltd. and IDFC Securities Ltd
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0.25% for redemption within 15 days |
Basic Details of Tata Nifty Financial Services Index Fund
| Fund House | Tata Mutual Fund |
| Launch Date | 26-Apr-24 |
| Return Since Launch | 16.74% |
| Benchmark | NIFTY Financial Services TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 80 Cr |
| (As on 31-Aug-2025) | |
| Expense | 0.48% |
| (As on 31-Aug-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 109.57% |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Tata Nifty Financial Services Index Dir | 12.5 | 0.11 | 0.2 | 0.8 | 13.88 | 10.11 | — | — | — | — |
| BSE Bankex TRI | 7.44 | 0.07 | -0.21 | -1.27 | 12.16 | 5.29 | — | — | — | — |
| Equity: Sectoral-Banking | 10.65 | 0.25 | 0.52 | 0.24 | 17.34 | 7.31 | — | — | — | — |
| Rank within category | 7 | 34 | 27 | 10 | 33 | 5 | — | — | — | — |
| Number of funds in category | 33 | 39 | 39 | 37 | 36 | 31 | 18 | 12 | 11 | 10 |
Peer Comparison of Tata Nifty Financial Services Index Fund
| 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 (%) | |
| Tata Nifty Financial Services Index Dir | Unrated | 10.11 | — | — | 0.48 | 80 | 16.74 | 0.25 (15) | 1Y 4M | 109.57 |
| Navi Nifty Bank Index Dir | 2 star | 6.29 | 10.60 | — | 0.16 | 616 | 10.70 | — | 3Y 7M | 44.00 |
| Motilal Oswal Nifty Bank Index Dir | 2 star | 6.33 | 10.71 | 19.94 | 0.26 | 607 | 12.52 | 1.00 (15) | 6Y | 23.00 |
| ICICI Pru Nifty Bank Index Dir | 1 star | 6.21 | 10.62 | — | 0.15 | 598 | 13.76 | — | 3Y 6M | 26.00 |
| Nippon India ETF Nifty Bank BeES | Unrated | 6.26 | 10.73 | 20.19 | 0.19 | 7,291 | 16.20 | — | 21Y 3M | 44.00 |
Portfolio Analysis of Tata Nifty Financial Services Index Fund
| No. of Stocks | 20 |
| Top 10 Stocks | 89.89% |
| Top 5 Stocks | 75.95% |
| Top 3 Sectors | 99.87% |
| Portfolio P/B Ratio | 2.54 |
| Portfolio P/E Ratio | 17.49 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 6,49,540 | 3,57,379 |
| Giant (%) | 90.00 | 66.51 |
| Large (%) | 9.61 | 18.93 |
| Mid (%) | 0.39 | 16.22 |
| Small (%) | — | 5.39 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For Tata Nifty Financial Services Index Fund
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