Tata Nifty Financial Services Index Fund
- NAV as on 25 Sep 2026
- ₹11.63+0.56%1 day
- Return since launch
- 5.6%
- 52-week range
- ₹10.88 — ₹13.17
- AUM
- ₹70.96 Cr
Tata Nifty Financial Services Index Fund is a Sectoral-Banking equity fund from Tata Mutual Fund with ₹70.96 Cr under management, launched in 2024. The expense ratio is 1.10% and the SEBI riskometer reading is Very High.
Performance
Tata Nifty Financial Services Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -3.8% 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 | -10.1% | −13.5 pts | 3.4% | -3.7% |
| 2Y | -2.5% | −4.8 pts | 2.4% | 2.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -5.0% | 0.0 pts | -5.0% | -3.9% |
| 3M | -5.6% | −2.2 pts | -3.5% | -3.4% |
| 6M | 3.2% | −4.2 pts | 7.4% | 7.3% |
| 1Y | -3.8% | −7.2 pts | 3.4% | 2.0% |
| 2Y | -0.6% | −2.0 pts | 1.4% | 1.2% |
Since launch (8 Apr 2024): 5.6%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 16.8% | −1.8 pts | 18.6% |
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
1.10%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.90%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.19%
- Exit load
- Exit load of 0.25%, if redeemed within 15 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.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Tata Nifty Financial Services Index Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity101.8%
Market cap split
- Large95.1%
- Mid4.4%
- Small0.5%
- P/E
- 16.31
- P/B
- 2.24
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 17.57% | ₹12.47 Cr | +17.83% | +16.76% | +32.84% |
| ICICI Bank Ltd. | Financial | 15.33% | ₹10.88 Cr | +13.55% | +14.09% | +22.55% |
| State Bank of India | Financial | 10.60% | ₹7.52 Cr | +9.02% | +12.26% | +7.13% |
| Kotak Mahindra Bank Ltd. | Financial | 9.80% | ₹6.95 Cr | +9.37% | +9.24% | +6.66% |
| Axis Bank Ltd. | Financial | 9.68% | ₹6.87 Cr | +10.26% | +10.99% | +6.77% |
| Bajaj Finance Ltd. | Financial | 8.99% | ₹6.38 Cr | +8.05% | +8.00% | +5.39% |
| Shriram Finance Ltd | Financial | 4.93% | ₹3.50 Cr | +4.39% | +4.57% | +1.88% |
| BSE Ltd. | Services | 4.26% | ₹3.02 Cr | +5.61% | +3.35% | — |
| Bajaj Finserv Ltd. | Financial | 3.71% | ₹2.63 Cr | +3.41% | +3.45% | +2.40% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 2.53% | ₹1.79 Cr | +2.18% | +2.22% | +1.38% |
| JIO Financial Services Ltd. | Financial | 2.50% | ₹1.78 Cr | +2.60% | +2.53% | +2.36% |
| SBI Life Insurance Company Ltd. | Insurance | 2.48% | ₹1.76 Cr | +2.72% | +2.77% | +1.87% |
| HDFC Life Insurance Co Ltd. | Insurance | 1.86% | ₹1.32 Cr | +2.12% | +2.33% | +1.91% |
| Power Finance Corporation Ltd. | Financial | 1.53% | ₹1.08 Cr | +2.03% | +1.82% | +1.28% |
| Max Financial Services Ltd. | Financial | 1.30% | ₹0.92 Cr | +1.48% | — | — |
| REC Ltd. | Financial | 1.29% | ₹0.92 Cr | +1.21% | +1.30% | +1.01% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 1.22% | ₹0.86 Cr | +1.32% | +1.39% | +1.02% |
| Muthoot Finance Ltd. | Financial | 1.04% | ₹0.74 Cr | +1.08% | +1.09% | +0.65% |
| SBI Cards And Payment Services Ltd. | Financial | 0.62% | ₹0.44 Cr | +0.83% | +0.71% | +0.56% |
| LIC Housing Finance Ltd. | Financial | 0.53% | ₹0.38 Cr | +0.74% | +0.58% | +0.39% |
| Others | Others | -1.77% | ₹-1.26 Cr | +0.40% | -0.56% | +0.26% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 0.43% | -3.74% | -4.17% |
| Kotak Mahindra Bank Ltd. | 8.82% | 9.80% | +0.98% |
| Axis Bank Ltd. | 8.85% | 9.68% | +0.83% |
| ICICI Bank Ltd. | 14.64% | 15.33% | +0.69% |
| State Bank of India | 9.94% | 10.60% | +0.66% |
| Shriram Finance Ltd | 4.50% | 4.93% | +0.43% |
| Bajaj Finance Ltd. | 9.39% | 8.99% | -0.40% |
| HDFC Bank Ltd. | 17.93% | 17.57% | -0.36% |
| Power Finance Corporation Ltd. | 1.86% | 1.53% | -0.33% |
| BSE Ltd. | 4.57% | 4.26% | -0.31% |
| REC Ltd. | 1.44% | 1.29% | -0.15% |
| SBI Life Insurance Company Ltd. | 2.60% | 2.48% | -0.12% |
| Bajaj Finserv Ltd. | 3.61% | 3.71% | +0.10% |
| Max Financial Services Ltd. | 1.20% | 1.30% | +0.10% |
| Cholamandalam Investment and Finance Company Ltd. | 2.43% | 2.53% | +0.10% |
| JIO Financial Services Ltd. | 2.57% | 2.50% | -0.07% |
| HDFC Life Insurance Co Ltd. | 1.82% | 1.86% | +0.04% |
| LIC Housing Finance Ltd. | 0.50% | 0.53% | +0.03% |
| Muthoot Finance Ltd. | 1.06% | 1.04% | -0.02% |
| ICICI Lombard General Insurance Company Ltd. | 1.22% | 1.22% | 0.00% |
| SBI Cards And Payment Services Ltd. | 0.62% | 0.62% | 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 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 managers
- Rakesh PrajapatiMr. Prajapati has done B.ComPrior to joining Tata Mutual Fund, he was working with ICICI Securities Ltd., JM Financial, Edelweiss Securities Ltd. and IDFC Securities 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 months3.17% absolute | ₹60,000 | ₹61,902 | 3.17% | |
| 1 year−3.78% annualised | ₹1,20,000 | ₹1,17,571 | −2.02% |
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.