Kotak Banking And Financial Services Fund vs Tata Banking & Financial Services Fund
Direct Plan, Growth option · Data as on 30-10-2026
Kotak Banking And Financial Services Fund is a Thematic fund and Tata Banking & Financial Services Fund is a Thematic fund. In the 3 years to 30-10-2026, Kotak Banking And Financial Services Fund (Direct) returned 11.9% a year and Tata Banking & Financial Services Fund (Direct) returned 10.1% a year. Kotak Banking And Financial Services Fund charges 0.81% a year and Tata Banking & Financial Services Fund 0.94% (Direct plans). Their portfolios overlap 62.4%: they hold 19 of the same securities.
Kotak Banking And Financial Services Fund
Thematic
- 3 year return
- 11.9%
- Expense ratio
- 0.81%
- NAV
- ₹15.90
Tata Banking & Financial Services Fund
Thematic
- 3 year return
- 10.1%
- Expense ratio
- 0.94%
- NAV
- ₹47.92
Which is better, Kotak Banking And Financial Services or Tata Banking & Financial Services? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak Banking And Financial Services returned more over 3 years: 11.9% a year against 10.1%.
- Kotak Banking And Financial Services returned more over 1 year: −4.5% against −8.5%.
- Kotak Banking And Financial Services costs less: 0.81% a year against 0.94% (Direct plans).
- Tata Banking & Financial Services swung less over 3 years: a standard deviation of 15.4% a year against 16.6%.
- Tata Banking & Financial Services fell less in its worst fall since 06-03-2023: −16.5% against −16.7%.
- Tata Banking & Financial Services is the larger fund: ₹3,053 Cr against ₹1,448 Cr.
- Their portfolios overlap 62.4%: 19 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Kotak Banking And Financial Services Fund | Tata Banking & Financial Services Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Tata Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹1,448 Cr (30-09-2026) | ₹3,053 Cr (30-09-2026) |
| NAV | ₹15.90 (Direct) | ₹47.92 (Direct) |
| Expense ratio (Direct) | 0.81% | 0.94% |
| Expense ratio (Regular) | 2.25% | 2.24% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Financial Services TRI | Nifty Financial Services TRI |
| Launch date | 27-02-2023 | 28-12-2015 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Shibani Sircar Kurian, Abhishek Bisen | Kapil Malhotra |
| Exit load | 0.5% for redemption within 30 Days | 0.25% of NAV if redeemed /switched out before 30 days from the date of allotment. |
Kotak Banking And Financial Services vs Tata Banking & Financial Services: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Kotak Banking And Financial Services Fund (Direct) | −1.46% | −7.32% | −2.26% | −4.49% | +11.87% | -- | -- |
| Tata Banking & Financial Services Fund (Direct) | −3.13% | −7.12% | −3.81% | −8.46% | +10.13% | +10.01% | +13.54% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
Category average: the average of the 235 Thematic funds, same plan type.
Kotak Banking And Financial Services vs Tata Banking & Financial Services: Year-wise Returns
| Year | Kotak Banking AndKotak Banking And Financial Services | Tata Banking &Tata Banking & Financial Services | Nifty Financial Services TRI |
|---|---|---|---|
| 2026to date | −5.92% | −9.63% | −9.69% |
| 2025 | +15.92% | +19.22% | +18.60% |
| 2024 | +14.11% | +10.64% | +10.52% |
| 2023 | -- | +23.84% | +14.31% |
| 2022 | -- | +18.82% | +10.47% |
| 2021 | -- | +13.63% | +14.55% |
Kotak Banking And Financial Services vs Tata Banking & Financial Services: Rolling Returns
Every holding period of both funds, against Nifty Financial Services TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 160 of them, one for each trading day from 06-03-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Kotak Banking And Financial Services Fund (Direct)
Tata Banking & Financial Services Fund (Direct)
Nifty Financial Services TRI
to
Mar 2026May 2023
to
May 2026Jun 2023
to
Jun 2026Jul 2023
to
Jul 2026Sept 2023
to
Sept 2026Oct 2023
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Kotak Banking And Financial Services | 0.0 | 0.0 | 0.0 | 69.4 | 30.6 | 0.0 | 0.0 | 14.2% | 14.4% | 10.9% | 18.1% | 100% |
| Tata Banking & Financial Services | 0.0 | 0.0 | 1.9 | 67.5 | 30.6 | 0.0 | 0.0 | 14.0% | 13.8% | 9.8% | 18.9% | 100% |
| Nifty Financial Services TRI | 0.0 | 0.0 | 31.3 | 68.1 | 0.6 | 0.0 | 0.0 | 10.9% | 10.9% | 7.9% | 15.1% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty Financial Services TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 06-03-2023. Past returns do not promise future returns.
Kotak Banking And Financial Services vs Tata Banking & Financial Services: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 06-03-2023 to 30-10-2026: 44 instalments, ₹4,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak Banking And Financial ServicesKotak Banking And Financial Services Fund (Direct) | ₹4,40,000 | ₹5,00,389 | ₹60,389 | 7.0% |
| Tata Banking & Financial ServicesTata Banking & Financial Services Fund (Direct) | ₹4,40,000 | ₹4,88,689 | ₹48,689 | 5.7% |
Kotak Banking And Financial ServicesKotak Banking And Financial Services Fund (Direct)
Tata Banking & Financial ServicesTata Banking & Financial Services Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Kotak Banking And Financial Services vs Tata Banking & Financial Services: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Banking And Financial Services Fund (Direct) | Tata Banking & Financial Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.49% | −8.46% |
| Standard deviation | 17.96% | 17.13% |
| Sharpe ratio | -0.54 | -0.80 |
| Sortino ratio | -0.76 | -1.07 |
| Maximum drawdown | −16.7% (30-03-2026) | −16.5% (31-03-2026) |
| Beta | 0.99 | 0.93 |
| Alpha | +4.30% | −0.53% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Kotak Banking And Financial Services Fund (Direct) | Tata Banking & Financial Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.87% | +10.13% |
| Standard deviation | 16.58% | 15.44% |
| Sharpe ratio | 0.35 | 0.27 |
| Sortino ratio | 0.49 | 0.36 |
| Maximum drawdown | −16.7% (30-03-2026) | −16.5% (31-03-2026) |
| Beta | 0.98 | 0.89 |
| Alpha | +2.16% | +0.76% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Kotak Banking And Financial Services Fund (Direct) | Tata Banking & Financial Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.36% | +15.51% |
| Standard deviation | 15.60% | 18.79% |
| Sharpe ratio | 0.46 | 0.53 |
| Sortino ratio | 0.65 | 0.73 |
| Maximum drawdown | −16.7% (30-03-2026) | −41.6% (23-03-2020) |
| Beta | 0.97 | 0.87 |
| Alpha | +3.86% | +3.29% |
From daily NAVs, 06-03-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Kotak Banking And Financial Services Fund (Direct)
Tata Banking & Financial Services Fund (Direct)
Nifty Financial Services TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Banking And Financial Services Fund (Direct) | −16.7% | 18-02-2026 | 30-03-2026 | Not yet | -- | −9.7% |
| Tata Banking & Financial Services Fund (Direct) | −16.5% | 18-02-2026 | 31-03-2026 | Not yet | -- | −11.9% |
| Nifty Financial Services TRI | −17.3% | 18-02-2026 | 30-03-2026 | Not yet | -- | −12.4% |
From daily values since 06-03-2023, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Kotak Banking And Financial Services Fund (Direct)
Tata Banking & Financial Services Fund (Direct)
Nifty Financial Services TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Kotak Banking And Financial Services Fund (Direct)
Tata Banking & Financial Services Fund (Direct)
Nifty Financial Services TRI
Against Nifty Financial Services TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Kotak Banking And Financial Services Fund (Direct) | 110% | 96% | 3.95% |
| Tata Banking & Financial Services Fund (Direct) | 105% | 86% | 5.86% |
From month-end values since 06-03-2023. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Kotak Banking And Financial Services vs Tata Banking & Financial Services: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Banking And Financial Services Fund, September 2026; Tata Banking & Financial Services Fund, September 2026
Holdings in common
- Overlap
- 62.4%
- Held by both
- 19
- Only in Kotak Banking And Financial Services
- 16
- Only in Tata Banking & Financial Services
- 17
| Security | % of Kotak Banking And Financial Services | % of Tata Banking & Financial Services |
|---|---|---|
| HDFC BANK LTD. | 11.28% | 11.94% |
| ICICI BANK LTD. | 12.67% | 10.39% |
| STATE BANK OF INDIA. | 8.31% | 7.20% |
| AXIS BANK LTD. | 7.36% | 6.75% |
| BAJAJ FINANCE LTD. | 6.04% | 4.49% |
| KOTAK MAHINDRA BANK LTD. | 3.69% | 5.61% |
| SHRIRAM FINANCE LIMITED | 4.83% | 2.97% |
| PIRAMAL FINANCE LTD | 1.97% | 2.13% |
| SBI Life Insurance Company Ltd | 1.86% | 3.73% |
| RBL BANK LTD. | 1.76% | 1.62% |
| KARUR VYSYA BANK LTD. | 2.32% | 1.56% |
| INDUSIND BANK LTD. | 2.51% | 1.35% |
| Prudent Corporate Advisory Services Ltd. | 1.26% | 1.45% |
| One 97 Communications Ltd | 1.25% | 2.80% |
| CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD. | 2.52% | 1.13% |
| Ujjivan Small Finance Bank Ltd. | 2.40% | 1.13% |
| SBI FUNDS MANAGEMENT LIMITED | 1.86% | 0.92% |
| Max Financial Services Ltd | 0.84% | 1.61% |
| NATIONAL STOCK EXCHANGE OF INDIA LIMITED (NSE) | 0.73% | 0.92% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 62.4% means 62.4% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Kotak Banking And Financial Services Fund
| Security | % of fund |
|---|---|
| POONAWALLA FINCORP LIMITED | 2.52% |
| BILLIONBRAINS GARAGE VENTURES LIMITED (GROWW) | 2.27% |
| BANK OF MAHARASHTRA | 2.17% |
| BSE LTD | 2.11% |
| INDIAN BANK | 2.05% |
Largest holdings only in Tata Banking & Financial Services Fund
| Security | % of fund |
|---|---|
| PB FINTECH LTD | 2.81% |
| PNB HOUSING FINANCE LTD | 2.56% |
| MULTI COMMODITY EXCHANGE OF IND LTD | 2.45% |
| STAR HEALTH AND ALLIED INSURANCE COMPANY LTD | 2.25% |
| CITY UNION BANK LTD | 2.07% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Banking And Financial Services | Tata Banking & Financial Services |
|---|---|---|
| Equity | 98.8% | 98.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.2% | 1.4% |
Market cap of stocks
| Market cap | Kotak Banking And Financial Services | Tata Banking & Financial Services |
|---|---|---|
| Large Cap | 65.3% | 55.8% |
| Mid Cap | 14.9% | 17.4% |
| Small Cap | 16.1% | 23.6% |
| Not on AMFI's list | 2.6% | 1.8% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Kotak Banking And Financial Services | Tata Banking & Financial Services |
|---|---|---|
| Banks | 60.0% | 53.1% |
| Finance | 21.4% | 20.9% |
| Capital Markets | 11.7% | 8.3% |
| Insurance | 2.7% | 10.8% |
| Financial Technology (Fintech) | 3.0% | 5.6% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Banking And Financial Services vs Tata Banking & Financial Services: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Banking And Financial Services Fund | Tata Banking & Financial Services Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.81% | 0.94% |
| Base expense ratio (Direct) | 0.60% | 0.51% |
| Total expense ratio (Regular) | 2.25% | 2.24% |
| Base expense ratio (Regular) | 1.82% | 1.67% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Kotak Banking And Financial Services with
- Kotak Banking And Financial Services vs Nippon India Taiwan Equity
- Kotak Banking And Financial Services vs HDFC Defence
- Kotak Banking And Financial Services vs HDFC Pharma and Healthcare
- Kotak Banking And Financial Services vs SBI Healthcare Opportunities
- Kotak Banking And Financial Services vs Aditya Birla Sun Life International Equity
Compare Tata Banking & Financial Services with
- Tata Banking & Financial Services vs Nippon India Taiwan Equity
- Tata Banking & Financial Services vs HDFC Defence
- Tata Banking & Financial Services vs HDFC Pharma and Healthcare
- Tata Banking & Financial Services vs SBI Healthcare Opportunities
- Tata Banking & Financial Services vs Aditya Birla Sun Life International Equity
Kotak Banking And Financial Services Fund vs Tata Banking & Financial Services Fund: Frequently Asked Questions
What is the difference between Kotak Banking And Financial Services Fund and Tata Banking & Financial Services Fund?
Kotak Banking And Financial Services Fund is a Thematic fund, Tata Banking & Financial Services Fund is a Thematic fund, run by Kotak Mahindra Mutual Fund and Tata Mutual Fund. Their portfolios overlap 62.4%. Kotak Banking And Financial Services Fund charges 0.81% a year and Tata Banking & Financial Services Fund 0.94%.
Which has given higher returns, Kotak Banking And Financial Services Fund or Tata Banking & Financial Services Fund?
Over 1 year: Kotak Banking And Financial Services Fund −4.49%, Tata Banking & Financial Services Fund −8.46%. Over 3 years: Kotak Banking And Financial Services Fund +11.87% a year, Tata Banking & Financial Services Fund +10.13% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak Banking And Financial Services Fund or Tata Banking & Financial Services Fund?
Kotak Banking And Financial Services Fund charges less: 0.81% a year against 0.94%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak Banking And Financial Services Fund and Tata Banking & Financial Services Fund overlap?
62.4%. They hold 19 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, SBIN. From each fund's latest monthly portfolio.
Which is riskier, Kotak Banking And Financial Services Fund or Tata Banking & Financial Services Fund?
On SEBI's riskometer, Kotak Banking And Financial Services Fund is rated Very High and Tata Banking & Financial Services Fund Very High. Over 3 years, the standard deviation of daily returns was 16.58% and 15.44% a year.
Which is better for SIP, Kotak Banking And Financial Services Fund or Tata Banking & Financial Services Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,98,610 in Kotak Banking And Financial Services Fund (XIRR 4.8% a year) and ₹3,88,453 in Tata Banking & Financial Services Fund (XIRR 3.1% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Kotak Banking And Financial Services Fund and Tata Banking & Financial Services Fund?
Yes. 62.4% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Kotak Banking And Financial Services Fund and Tata Banking & Financial Services Fund?
Kotak Banking And Financial Services Fund: Shibani Sircar Kurian, Abhishek Bisen. Tata Banking & Financial Services Fund: Kapil Malhotra.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.