Tata Banking And Financial Services Fund-Regular Plan-Growth

Tata Banking And Financial Services Fund-Regular Plan-Growth is a scheme launched by TATA Mutual Fund on December 28, 2015, and falls under the Banking & Financial fund category. It currently manages an AUM of Rs 2,819.02 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 5000. It charges an expense ratio of 1.94% for managing the portfolio.

• Investing Strategy:

  The investment objective of the scheme is to seek 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.

• Performance:

  Tata Banking And Financial Services Fund-Regular Plan-Growth trailing returns over different times are 6.91% (1 year), 16.45% (3 year) and 20.31% (5 year). The average annual return of this fund stands at 9.5%.