June 13, 2024
mayank
Taurus Banking & Financial Services Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 54.1300
NAV IDCW: Rs 53.5000
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 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.
Fund Manager:
1) Anuj Kapil
Education: Mr. Kapil has done PGDBM and MBA
Experience: Prior to joining Taurus Mutual Fund, he has worked with Religare Securities Ltd. and FCH Centrum Wealth Managers Ltd.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 5,000 |
| Lock-in Period | NA |
| Exit Load | 0.5% for redemption within 7 days |
Basic Details
| Fund House | Taurus Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 12.63% |
| Benchmark | BSE Bankex TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 11 Cr |
| (As on 31-May-2024) | |
| Expense | 1.68% |
| (As on 30-Apr-2024) | |
| Risk Grade | Average |
| Return Grade | Average |
| Turnover | 54.00% |
Trailing Returns (%) of Taurus Banking & Financial Services Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Taurus Banking & Financial Services Dir | 7.40 | 0.46 | 3.70 | 5.19 | 8.32 | 22.36 | 15.25 | 13.64 | 13.58 | 13.14 |
| BSE Bankex TRI | 5.06 | 0.26 | 5.18 | 6.45 | 7.23 | 14.98 | 13.51 | 10.91 | 12.05 | 13.00 |
| Equity: Sectoral-Banking | 7.76 | 0.64 | 5.33 | 7.08 | 9.20 | 24.72 | 15.77 | 13.73 | 12.91 | 14.45 |
| Rank within category | 10 | 20 | 26 | 25 | 11 | 13 | 8 | 6 | 5 | 6 |
| Number of funds in category | 23 | 29 | 27 | 26 | 23 | 19 | 13 | 11 | 11 | 8 |
Peer Comparison of Taurus Banking & Financial Services 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 (%) | |
| Taurus Banking & Financial Services Dir | 3 star | 22.36 | 15.25 | 13.64 | 1.68 | 11 | 12.63 | 0.50 (7) | 11Y 5M | 54.00 |
| Nippon India Banking & Financial Srvices Dir | 4 star | 26.03 | 18.30 | 13.72 | 1.09 | 5,463 | 14.59 | 1.00 (30) | 11Y 5M | 33.00 |
| SBI Banking & Financial Services Dir | 4 star | 32.87 | 15.46 | 14.94 | 0.75 | 5,387 | 15.85 | 0.50 (30) | 9Y 3M | 117.00 |
| Tata Banking & Financial Services Dir | 4 star | 24.64 | 15.92 | 14.91 | 0.49 | 2,048 | 18.55 | 0.25 (30) | 8Y 5M | 22.59 |
| Mirae Asset Banking and Fin Srvcs Dir | 4 star | 27.00 | 17.06 | — | 0.59 | 1,671 | 19.92 | 1.00 (365) | 3Y 6M | 38.00 |
Portfolio Analysis of Taurus Banking & Financial Services Fund
| No. of Stocks | 19 |
| Top 10 Stocks | 84.34% |
| Top 5 Stocks | 67.06% |
| Top 3 Sectors | 98.48% |
| Portfolio P/B Ratio | 2.01 |
| Portfolio P/E Ratio | 13.51 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,81,222 | 3,20,191 |
| Giant (%) | 66.25 | 65.00 |
| Large (%) | 12.98 | 18.49 |
| Mid (%) | 15.84 | 12.87 |
| Small (%) | 4.94 | 7.02 |
| Tiny (%) | — | — |
How to Invest in Taurus Banking & Financial Services Fund?
Chanakya’s Mutual Fund Guidance For Taurus Banking & Financial Services Fund
Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.
Apply Online: https://online.taurusmutualfund.com/Login.aspx
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