August 21, 2023
mayank
Tata Nifty Private Bank ETF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 231.1405
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 that is closely correspond to the total returns of the securities as represented by the Nifty Private Bank index, subject to tracking error.
Fund Manager:
1) Sailesh Jain
Education: Mr. Jain is a Commerce Graduate and an MBA.
Experience: Prior to joining TATA Mutual Fund, he has worked with Invesco Mutual Fund, IDFC Securities Ltd. as Head Derivatives, Quant Broking Pvt. Ltd. as Vice President and IIFL(India Infoline) as Vice President.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | — |
| Min. SIP Investment (Rs) | — |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | — |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | Tata Mutual Fund |
| Launch Date | 30-Aug-19 |
| Return Since Launch | 10.99% |
| Benchmark | Nifty Private Bank TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 10 Cr |
| (As on 31-Jul-2023) | |
| Expense | 0.14% |
| (As on 31-Jul-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 15.12% |
Tata Nifty Private Bank ETF Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Tata Nifty Private Bank ETF | 4.11 | -0.19 | -2.33 | 2.22 | 8.50 | 11.78 | 23.71 | — | — | — |
| S&P BSE Bankex TRI* | 1.47 | -0.06 | -3.69 | -0.27 | 6.71 | 9.15 | 25.81 | — | — | — |
| Equity: Sectoral-Banking* | 5.48 | -0.20 | -1.71 | 4.60 | 10.57 | 14.95 | 26.77 | — | — | — |
| Rank within category* | 19 | 20 | 18 | 24 | 21 | 14 | 14 | — | — | — |
| Number of funds in category* | 34 | 42 | 38 | 37 | 35 | 32 | 21 | 16 | 16 | 10 |
Tata Nifty Private Bank ETF 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 (%) | |
| Tata Nifty Private Bank ETF | Unrated | 11.78 | 23.71 | — | 0.14 | 10 | 10.99 | — | 3Y 11M | 15.12 |
| ICICI Pru Banking & Fin Srvces Reg | 4 star | 11.90 | 24.24 | 8.95 | 1.85 | 7,062 | 16.38 | 1.00 (15) | 14Y 11M | 48.00 |
| Nippon Ind Banking & Fin Srvices Reg | 4 star | 17.37 | 30.97 | 9.33 | 1.94 | 4,527 | 20.64 | 1.00 (30) | 20Y 2M | 38.00 |
| SBI Banking & Fin Srvices Reg | 4 star | 7.54 | 20.77 | 9.57 | 1.90 | 4,364 | 12.76 | 0.50 (30) | 8Y 5M | 81.00 |
| Sundaram Fin Srvices Opp Reg | 5 star | 19.44 | 26.53 | 12.82 | 2.29 | 824 | 14.13 | 1.00 (365) | 15Y 2M | 60.00 |
Portfolio Analysis of Tata Nifty Private Bank ETF
| No. of Stocks | 10 |
| Top 10 Stocks | 99.35% |
| Top 5 Stocks | 82.00% |
| Top 3 Sectors | 99.35% |
| Portfolio P/B Ratio | 2.49 |
| Portfolio P/E Ratio | 18.65 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 3,29,993 | 2,97,422 |
| Giant (%) | 71.89 | 65.12 |
| Large (%) | 15.61 | 19.56 |
| Mid (%) | 10.74 | 12.66 |
| Small (%) | 1.76 | 5.08 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For Tata Nifty Private Bank ETF
Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.
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