Tata Banking and Financial Services Fund
Sectoral-BankingVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹42.47+0.26%1 day
- Return since launch
- 14.3%
- 52-week range
- ₹38.62 — ₹46.31
- AUM
- ₹3,301 Cr
Tata Banking and Financial Services Fund is a Sectoral-Banking equity fund from Tata Mutual Fund with ₹3,301 Cr under management, launched in 2015. Over three years it has returned 5.2% a year, against 10.8% for its category. The expense ratio is 2.26% and the SEBI riskometer reading is Very High.
Performance
Tata Banking and Financial Services Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +1.4% against +2.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -5.2% | −8.6 pts | 3.4% | -3.7% |
| 2Y | 1.4% | −0.9 pts | 2.4% | 2.0% |
| 3Y | 5.2% | −5.6 pts | 10.8% | 4.8% |
| 5Y | 10.2% | +0.5 pts | 9.6% | 9.1% |
| 7Y | 12.0% | −0.2 pts | 12.2% | 11.2% |
| 10Y | 11.9% | +0.7 pts | 11.3% | 10.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -5.9% | −0.9 pts | -5.0% | -3.9% |
| 3M | -3.2% | +0.3 pts | -3.5% | -3.4% |
| 6M | 6.2% | −1.2 pts | 7.4% | 7.3% |
| 1Y | 1.4% | −2.0 pts | 3.4% | 2.0% |
| 2Y | 1.3% | −0.1 pts | 1.4% | 1.2% |
| 3Y | 9.6% | −1.2 pts | 10.8% | 9.3% |
| 5Y | 9.6% | 0.0 pts | 9.6% | 8.7% |
| 7Y | 11.2% | +0.2 pts | 11.0% | 9.8% |
| 10Y | 12.4% | +1.1 pts | 11.3% | 10.1% |
Since launch (4 Dec 2015): 14.3%
Calendar-year returns
Category average2.7%
11.9%
16.9%
22.0%
8.9%
17.5%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 17.5% | −1.1 pts | 18.6% |
| 2024 | 8.9% | −3.1 pts | 12.0% |
| 2023 | 22.0% | +0.5 pts | 21.4% |
| 2022 | 16.9% | +0.3 pts | 16.5% |
| 2021 | 11.9% | −4.6 pts | 16.4% |
| 2020 | 2.7% | +2.7 pts | -0.0% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.22%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.65%
- Brokerage
- 0.10%
- Transaction charges
- 0.01%
- Statutory levies
- 0.46%
- Exit load
- Exit load of 0.25% if redeemed within 30 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Financial Services TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 1.08 | 6.55 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.97 | 0.92 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.45 | 0.75 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.62 | 0.96 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 15.75 | 16.34 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Tata Banking and Financial Services Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity99.7%
- Other0.3%
Market cap split
- Large60.0%
- Mid18.3%
- Small21.8%
- P/E
- 19.56
- P/B
- 2.48
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 10.57% | ₹349 Cr | +9.93% | +13.76% | +8.26% |
| HDFC Bank Ltd. | Financial | 9.15% | ₹302 Cr | +9.64% | +16.33% | +19.58% |
| State Bank of India | Financial | 8.81% | ₹291 Cr | +9.00% | +10.43% | +2.82% |
| Axis Bank Ltd. | Financial | 8.21% | ₹271 Cr | +9.20% | +9.21% | +8.05% |
| Kotak Mahindra Bank Ltd. | Financial | 5.22% | ₹172 Cr | +4.18% | — | +8.34% |
| Shriram Finance Ltd | Financial | 4.92% | ₹162 Cr | +4.57% | +4.49% | — |
| PB Fintech Ltd. | Services | 4.58% | ₹151 Cr | +3.47% | +1.13% | — |
| SBI Life Insurance Company Ltd. | Insurance | 3.54% | ₹117 Cr | +4.05% | +3.64% | +1.86% |
| HDFC Asset Management Company Ltd. | Financial | 2.98% | ₹98.33 Cr | +4.57% | — | — |
| company:407 | Financial | 2.90% | ₹95.76 Cr | — | — | +2.65% |
| One97 Communications Ltd. | Services | 2.65% | ₹87.57 Cr | +2.48% | +2.26% | +2.57% |
| PNB Housing Finance Ltd. | Financial | 2.43% | ₹80.29 Cr | +3.90% | +1.90% | +2.00% |
| Multi Commodity Exchange Of India Ltd. | Services | 2.33% | ₹77.01 Cr | +1.99% | +1.28% | +0.79% |
| Star Health and Allied Insurance Company Ltd. | Insurance | 2.21% | ₹72.90 Cr | +2.23% | +1.36% | +1.47% |
| Piramal Finance Ltd. | Financial | 2.16% | ₹71.20 Cr | — | — | — |
| 360 One Wam Ltd. | Financial | 2.04% | ₹67.33 Cr | +2.84% | — | — |
| City Union Bank Ltd. | Financial | 1.94% | ₹64.17 Cr | +1.77% | +1.82% | +1.22% |
| DCB Bank Ltd. | Financial | 1.90% | ₹62.84 Cr | +1.66% | +1.64% | +1.25% |
| Five-Star Business Finance Ltd. | Financial | 1.77% | ₹58.59 Cr | +1.61% | +1.23% | +1.29% |
| Max Financial Services Ltd. | Financial | 1.70% | ₹56.16 Cr | +1.97% | +1.98% | +2.56% |
| Canara HSBC Life Insurance Company Ltd. | Insurance | 1.56% | ₹51.53 Cr | +2.58% | +2.50% | — |
| OnEMI Technology Solutions Ltd. | Financial | 1.56% | ₹51.60 Cr | +1.51% | — | — |
| Life Insurance Corporation of India | Insurance | 1.53% | ₹50.54 Cr | +0.89% | — | — |
| Karur Vysya Bank Ltd. | Financial | 1.45% | ₹47.97 Cr | — | — | — |
| RBL Bank Ltd. | Financial | 1.42% | ₹46.78 Cr | — | — | +2.32% |
| Indusind Bank Ltd. | Financial | 1.40% | ₹46.36 Cr | +2.21% | +2.16% | +1.44% |
| Mufin Green Finance Ltd. | Financial | 1.36% | ₹45.05 Cr | +1.34% | — | — |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 1.29% | ₹42.52 Cr | — | — | +1.35% |
| Ujjivan Small Finance Bank Ltd. | Financial | 1.07% | ₹35.25 Cr | — | — | — |
| Aditya Birla Sun Life AMC Ltd. | Financial | 1.05% | ₹34.62 Cr | +2.48% | — | — |
| Can Fin Homes Ltd. | Financial | 1.01% | ₹33.40 Cr | — | — | — |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 1.00% | ₹32.88 Cr | — | — | — |
| SBI Funds Management Ltd. | Financial | 0.96% | ₹31.53 Cr | — | — | — |
| Aadhar Housing Finance Ltd | Financial | 0.85% | ₹28.09 Cr | — | — | — |
| Others | Others | 0.27% | ₹7.58 Cr | +1.02% | +2.26% | +2.74% |
| company:17600 | Financial | 0.13% | ₹4.41 Cr | — | — | — |
| company:12727 | Financial | 0.08% | ₹2.80 Cr | — | — | +2.17% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 3.23% | 0.12% | -3.11% |
| company:407 | 0.00% | 2.90% | +2.90% |
| PNB Housing Finance Ltd. | 3.80% | 2.43% | -1.37% |
| Piramal Finance Ltd. | 1.14% | 2.16% | +1.02% |
| HDFC Bank Ltd. | 10.02% | 9.15% | -0.87% |
| Life Insurance Corporation of India | 0.88% | 1.53% | +0.65% |
| PB Fintech Ltd. | 4.06% | 4.58% | +0.52% |
| One97 Communications Ltd. | 2.15% | 2.65% | +0.50% |
| Cholamandalam Investment and Finance Company Ltd. | 0.51% | 1.00% | +0.49% |
| SBI Life Insurance Company Ltd. | 3.98% | 3.54% | -0.44% |
| Multi Commodity Exchange Of India Ltd. | 1.92% | 2.33% | +0.41% |
| Motilal Oswal Financial Services Ltd. | 0.40% | 0.00% | -0.40% |
| RBL Bank Ltd. | 1.03% | 1.42% | +0.39% |
| State Bank of India | 9.15% | 8.81% | -0.34% |
| ICICI Bank Ltd. | 10.83% | 10.57% | -0.26% |
| Star Health and Allied Insurance Company Ltd. | 2.43% | 2.21% | -0.22% |
| DCB Bank Ltd. | 1.68% | 1.90% | +0.22% |
| Axis Bank Ltd. | 8.39% | 8.21% | -0.18% |
| Kotak Mahindra Bank Ltd. | 5.04% | 5.22% | +0.18% |
| company:17600 | 0.00% | 0.13% | +0.13% |
| Karur Vysya Bank Ltd. | 1.32% | 1.45% | +0.13% |
| City Union Bank Ltd. | 1.82% | 1.94% | +0.12% |
| Five-Star Business Finance Ltd. | 1.89% | 1.77% | -0.12% |
| OnEMI Technology Solutions Ltd. | 1.68% | 1.56% | -0.12% |
| HDFC Asset Management Company Ltd. | 3.08% | 2.98% | -0.10% |
| Shriram Finance Ltd | 4.82% | 4.92% | +0.10% |
| Aadhar Housing Finance Ltd | 0.94% | 0.85% | -0.09% |
| Mahindra & Mahindra Financial Services Ltd. | 1.38% | 1.29% | -0.09% |
| company:12727 | 0.00% | 0.08% | +0.08% |
| Ujjivan Small Finance Bank Ltd. | 1.15% | 1.07% | -0.08% |
| Can Fin Homes Ltd. | 1.08% | 1.01% | -0.07% |
| Indusind Bank Ltd. | 1.45% | 1.40% | -0.05% |
| SBI Funds Management Ltd. | 1.01% | 0.96% | -0.05% |
| Canara HSBC Life Insurance Company Ltd. | 1.52% | 1.56% | +0.04% |
| Max Financial Services Ltd. | 1.68% | 1.70% | +0.02% |
| Mufin Green Finance Ltd. | 1.37% | 1.36% | -0.01% |
| 360 One Wam Ltd. | 2.05% | 2.04% | -0.01% |
| Aditya Birla Sun Life AMC Ltd. | 1.05% | 1.05% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,982 Cr | 2.23% | -0.6% | 8.8% | 12.4% |
 SBI Banking & Financial Services Fund | ₹10,873 Cr | 2.16% | -7.2% | 6.8% | 11.6% |
 Invesco India Financial Services Fund | ₹1,896 Cr | 2.19% | -3.1% | 7.8% | 13.2% |
 Bandhan Financial Services Fund | ₹1,122 Cr | 2.49% | -2.7% | 5.5% | — |
 Quant BFSI Fund | ₹922 Cr | 3.48% | 14.7% | 15.3% | — |
 Kotak Nifty Financial Services Ex-Bank Index Fund | ₹99.18 Cr | 0.83% | -4.7% | 8.6% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks 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 managers
- Kapil MalhotraMr.Malhotra has done B.Sc(Hons.) in Business and Administration and MBA(PGPEM)Prior to joining Tata Mutual Fund, he has worked with Trust Financial Consultancy Services Pvt Ltd., Avvanti Advisors Pvt. Ltd.and SHK India Pvt Ltd
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months6.19% absolute | ₹60,000 | ₹63,714 | 6.19% | |
| 1 year1.43% annualised | ₹1,20,000 | ₹1,20,934 | 0.78% | |
| 3 years9.61% annualised | ₹3,60,000 | ₹4,18,677 | 16.30% | |
| 5 years9.62% annualised | ₹6,00,000 | ₹7,72,789 | 28.80% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Tata Banking and Financial Services Fund?
The NAV of Tata Banking and Financial Services Fund is ₹42.47 as on 25 Sep 2026.
What is the expense ratio of Tata Banking and Financial Services Fund?
The expense ratio of Tata Banking and Financial Services Fund is 2.26% per year.
What is the minimum SIP amount for Tata Banking and Financial Services Fund?
You can start a SIP in Tata Banking and Financial Services Fund with ₹3,000 a month.
What returns has Tata Banking and Financial Services Fund given?
Tata Banking and Financial Services Fund has returned -5.2% over 1 year, 5.2% over 3 years and 10.2% over 5 years (annualised).
Is there a lock-in or exit load on Tata Banking and Financial Services Fund?
Lock-in: None. Exit load: Exit load of 0.25% if redeemed within 30 days..
How risky is Tata Banking and Financial Services Fund?
Tata Banking and Financial Services Fund is rated Very High on the SEBI riskometer and belongs to the Sectoral-Banking category.
Which fund house manages Tata Banking and Financial Services Fund?
Tata Banking and Financial Services Fund is managed by Tata Mutual Fund, which runs 61 schemes with ₹2,31,388 Cr under management.