Tata Banking & Financial Services Fund is a Thematic fund run by Tata Mutual Fund. On 30-09-2026, it managed ₹3,053 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 10.1% a year and its Regular plan returned 8.6% a year. Its benchmark, Nifty Financial Services TRI, returned 9.8% a year over the same 3 years.
NAV (Direct plan)
₹47.92
▼ 0.96% · 30-10-2026
NAV (Regular plan)
₹40.40
▼ 0.97% · 30-10-2026
Expense ratio
0.94%Direct2.24%Regular
0.94%
A year
Riskometer
Very High
Set by the fund house
3 year return
10.1%Direct8.6%Regular
10.1%
A year
Tata Banking & Financial Services Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹47.92 (down 0.96% that day); Regular Plan Growth ₹40.40 (down 0.97% that day).
This fund (Direct plan)
₹47.9159
Tata Banking & Financial Services Fund Returns vs Nifty Financial Services TRI
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−3.13%
−7.12%
−3.81%
−8.46%
+10.13%
+10.01%
+13.54%
This fund (Regular)
−3.24%
−7.44%
−4.48%
−9.73%
+8.55%
+8.36%
+11.79%
Nifty Financial Services TRI
+0.30%
−5.63%
−2.88%
−8.88%
+9.77%
+6.64%
+12.73%
Thematic average
−2.09%
−4.52%
+0.86%
−1.22%
+13.76%
+11.62%
+13.76%
Best in Thematic
+11.54%
+11.27%
+22.16%
+75.71%
+54.78%
+21.14%
+19.31%
Worst in Thematic
−16.05%
−11.74%
−13.97%
−22.44%
−4.46%
+3.65%
+7.72%
Rank in Thematic
153/235
177/232
173/232
163/215
91/133
58/96
35/63
Category rows compare the Direct plans of 235 Thematic funds. Rank 1 is the highest return.
Tata Banking & Financial Services Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
Nifty Financial Services TRI
2026to date
−9.63%
−10.67%
−9.69%
2025
+19.22%
+17.52%
+18.60%
2024
+10.64%
+8.99%
+10.52%
2023
+23.84%
+21.97%
+14.31%
2022
+18.82%
+16.86%
+10.47%
2021
+13.63%
+11.86%
+14.55%
Tata Banking & Financial Services Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 1,930 periods, one for each trading day from 31-12-2018 to 30-10-2026.
−10%0%10%20%30%40%
Tata Banking & Financial Services Fund (Direct)
Nifty Financial Services TRI
Aug 2016 to Aug 2019Dec 2017 to Dec 2020Apr 2019 to Apr 2022Aug 2020 to Aug 2023Dec 2021 to Dec 2024Mar 2023 to Mar 2026
Tata Banking & Financial Services Fund (Direct)Nifty Financial Services TRI
2%
1%
Below 0%
7%
6%
0-5%
5%
14%
5-10%
28%
39%
10-15%
33%
19%
15-20%
17%
16%
20-25%
8%
5%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
2,423
16.5%
−29.3%
87.9%
15%
15.6%
58%
2 years
2,175
15.6%
−10.8%
41.2%
6%
15.0%
59%
3 years
1,930
16.1%
−2.2%
30.7%
2%
13.9%
58%
5 years
1,438
15.7%
7.6%
27.2%
0%
13.4%
66%
7 years
943
15.2%
12.0%
19.4%
0%
14.2%
100%
10 years
206
16.2%
13.5%
19.9%
0%
14.8%
100%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
119
18.5%
−49.5%
82.0%
18%
15.1%
56%
2 years
107
17.3%
−23.6%
35.8%
7%
15.5%
53%
3 years
95
17.0%
−14.0%
26.1%
6%
15.8%
61%
5 years
71
16.8%
7.6%
22.1%
0%
14.9%
68%
7 years
47
16.5%
13.1%
19.3%
0%
14.2%
100%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty Financial Services TRI over the same days. Past returns do not promise future returns.
Tata Banking & Financial Services Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Tata Banking & Financial Services Fund (Direct)This fund
Nifty Financial Services TRI
Return (CAGR)
−8.46%
−8.88%
Standard deviation
17.13%
17.58%
Sharpe ratio
-0.80
-0.80
Sortino ratio
-1.07
-1.11
Maximum drawdown
−16.5%
(31-03-2026)
−17.3%
(30-03-2026)
Beta
0.93
1.00
Alpha
−0.53%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Tata Banking & Financial Services Fund (Direct)This fund
Nifty Financial Services TRI
Return (CAGR)
+10.13%
+9.77%
Standard deviation
15.44%
16.24%
Sharpe ratio
0.27
0.23
Sortino ratio
0.36
0.32
Maximum drawdown
−16.5%
(31-03-2026)
−17.3%
(30-03-2026)
Beta
0.89
1.00
Alpha
+0.76%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Tata Banking & Financial Services Fund (Direct)This fund
Nifty Financial Services TRI
Return (CAGR)
+10.01%
+6.64%
Standard deviation
15.87%
16.70%
Sharpe ratio
0.27
0.05
Sortino ratio
0.36
0.07
Maximum drawdown
−21.3%
(20-06-2022)
−21.4%
(16-06-2022)
Beta
0.90
1.00
Alpha
+3.46%
0.00%
From daily NAVs, 29-10-2021 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Tata Banking & Financial Services Fund (Direct)This fund
Nifty Financial Services TRI
Return (CAGR)
+13.54%
+12.73%
Standard deviation
19.07%
20.60%
Sharpe ratio
0.43
0.36
Sortino ratio
0.58
0.49
Maximum drawdown
−41.6%
(23-03-2020)
−43.5%
(23-03-2020)
Beta
0.88
1.00
Alpha
+1.68%
0.00%
From daily NAVs, 28-10-2016 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Tata Banking & Financial Services Fund (Direct)This fund
Nifty Financial Services TRI
Return (CAGR)
+15.51%
+13.21%
Standard deviation
18.79%
20.45%
Sharpe ratio
0.53
0.38
Sortino ratio
0.73
0.52
Maximum drawdown
−41.6%
(23-03-2020)
−43.5%
(23-03-2020)
Beta
0.87
1.00
Alpha
+3.29%
0.00%
From daily NAVs, 29-12-2015 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
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.
−50%−40%−30%−20%−10%0%
Tata Banking & Financial Services Fund (Direct)
Nifty Financial Services TRI
201620182020202220242026
Tata Banking & Financial Services Fund (Direct)Nifty Financial Services TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Tata Banking & Financial Services Fund (Direct)
−41.6%
16-01-2020
23-03-2020
16-12-2020
9 months
−11.9%
Nifty Financial Services TRI
−43.5%
02-01-2020
23-03-2020
15-12-2020
9 months
−12.4%
From the Direct plan's daily NAV since 29-12-2015, adjusted for unit splits, and Nifty Financial Services TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Tata Banking & Financial Services Fund vs Other Thematic Funds
The five Thematic funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
Tata Banking & Financial Services Fund Expense Ratio and Costs
What each plan charges a year, in force from 23-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Thematic median
Cost rank (1 = cheapest)
Direct
0.51%
0.10%
0.01%
0.32%
0.94%
1.18%
41/235
Regular
1.67%
0.10%
0.01%
0.46%
2.24%
2.41%
78/235
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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Thematic funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−9.73%
−8.46%
1.27%
₹90,270
₹91,540
3 years
8.55%
10.13%
1.58% a year
₹1,27,906
₹1,33,572
5 years
8.36%
10.01%
1.65% a year
₹1,49,398
₹1,61,124
10 years
11.79%
13.54%
1.75% a year
₹3,04,810
₹3,56,032
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
Tata Banking & Financial Services Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 29-12-2015 to 30-10-2026: 131 instalments, ₹13,10,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planTata Banking & Financial Services Fund (Direct)
₹13,10,000
₹27,78,680
₹14,68,680
13.1%
Regular planTata Banking & Financial Services Fund (Regular)
Direct planTata Banking & Financial Services Fund (Direct)Regular planTata Banking & Financial Services Fund (Regular)Nifty Financial Services TRICategory averageCategory average, 235 Thematic fundsAmount invested
From each plan's published NAV (Growth option), the benchmark's TRI and the category average, 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.
Tata Banking & Financial Services Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
98.6%Equity
Asset
Fund
Category
Equity
98.6%
94.5%
Cash and others
1.4%
4.0%
Market cap of stocks
Market cap
Fund
Category
Large Cap
55.8%
45.7%
Mid Cap
17.4%
19.6%
Small Cap
23.6%
24.1%
Not on AMFI's list
1.8%
2.3%
Share of the whole fund. Category: the average of the Thematic funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Tata Banking & Financial Services Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Banks53.1%
Finance20.9%
Insurance10.8%
Capital Markets8.3%
Financial Technology (Fintech)5.6%
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Banks
51.9%
51.2%
53.1%
+1.2%
Finance
18.6%
21.3%
20.9%
+2.3%
Insurance
10.5%
10.5%
10.8%
+0.3%
Capital Markets
9.5%
9.5%
8.3%
−1.2%
Financial Technology (Fintech)
6.2%
7.2%
5.6%
−0.6%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
Tata Banking & Financial Services Fund Portfolio Holdings
As on 30-09-2026 · 36 holdings · from the fund house's monthly portfolio
Holdings
Sector
Weight%
Holdings trend
1M change
HDFC BANK LTD
Banks
11.94%
+20.8%
ICICI BANK LTD
Banks
10.39%
0.0%
STATE BANK OF INDIA
Banks
7.20%
−16.4%
AXIS BANK LTD
Banks
6.75%
−19.4%
KOTAK MAHINDRA BANK LTD
Banks
5.61%
0.0%
BAJAJ FINANCE LTD
Finance
4.49%
+57.6%
SBI LIFE INSURANCE COMPANY LTD
Insurance
3.73%
0.0%
SHRIRAM FINANCE LTD
Finance
2.97%
−36.9%
PB FINTECH LTD
Financial Technology (Fintech)
2.81%
0.0%
ONE 97 COMMUNICATIONS LTD
Financial Technology (Fintech)
2.80%
0.0%
PNB HOUSING FINANCE LTD
Finance
2.56%
0.0%
MULTI COMMODITY EXCHANGE OF IND LTD
Capital Markets
2.45%
0.0%
STAR HEALTH AND ALLIED INSURANCE COMPANY LTD
Insurance
2.25%
0.0%
PIRAMAL FINANCE LTD
Finance
2.13%
+2.9%
CITY UNION BANK LTD
Banks
2.07%
0.0%
ONEMI TECHNOLOGY SOLUTIONS LTD
Finance
2.03%
0.0%
DCB BANK LTD
Banks
1.92%
0.0%
RBL BANK LTD
Banks
1.62%
0.0%
CANARA HSBC LIFE INSURANCE COMPANY LTD
Insurance
1.61%
0.0%
MAX FINANCIAL SERVICES LTD
Insurance
1.61%
0.0%
AU SMALL FINANCE BANK LTD
Banks
1.57%
+1739.3%
KARUR VYSYA BANK LTD
Banks
1.56%
+6.5%
LIFE INSURANCE CORPORATION OF INDIA
Insurance
1.56%
0.0%
360 ONE WAM LTD
Capital Markets
1.48%
−23.6%
PRUDENT CORPORATE ADVISORY SERVICES LTD
Capital Markets
1.45%
+1075.0%
MUFIN GREEN FINANCE LTD
Finance
1.42%
0.0%
INDUSIND BANK LTD
Banks
1.35%
0.0%
MAHINDRA AND MAHINDRA FINANCIAL SERVICES LTD
Finance
1.21%
0.0%
CHOLAMANDALAM INVESTMENT & FINANCE CO LTD
Finance
1.13%
+20.3%
UJJIVAN SMALL FINANCE BANK LTD
Banks
1.13%
0.0%
FIVE-STAR BUSINESS FINANCE LTD
Finance
1.09%
−41.1%
ADITYA BIRLA SUN LIFE AMC LTD
Capital Markets
1.07%
0.0%
CAN FIN HOMES LTD
Finance
0.99%
0.0%
SBI FUNDS MANAGEMENT LTD
Capital Markets
0.92%
0.0%
NATIONAL STOCK EXCHANGE OF INDIA LTD
Capital Markets
0.92%
New
AADHAR HOUSING FINANCE LTD
Finance
0.86%
0.0%
Tata Banking & Financial Services Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
HDFC BANK LTD
↑Added
+20.8%
11.94%
STATE BANK OF INDIA
↓Reduced
−16.4%
7.20%
AXIS BANK LTD
↓Reduced
−19.4%
6.75%
SHRIRAM FINANCE LTD
↓Reduced
−36.9%
2.97%
BAJAJ FINANCE LTD
↑Added
+57.6%
4.49%
HDFC ASSET MANAGEMENT COMPANY LTD
↓Sold out
−100%
was 2.98%
PIRAMAL FINANCE LTD
↑Added
+2.9%
2.13%
360 ONE WAM LTD
↓Reduced
−23.6%
1.48%
FIVE-STAR BUSINESS FINANCE LTD
↓Reduced
−41.1%
1.09%
AU SMALL FINANCE BANK LTD
↑Added
+1739.3%
1.57%
KARUR VYSYA BANK LTD
↑Added
+6.5%
1.56%
PRUDENT CORPORATE ADVISORY SERVICES LTD
↑Added
+1075.0%
1.45%
CHOLAMANDALAM INVESTMENT & FINANCE CO LTD
↑Added
+20.3%
1.13%
NATIONAL STOCK EXCHANGE OF INDIA LTD
↑New
New
0.92%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Tata Banking & Financial Services Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.94%
Expense ratio (Regular)
2.24%
Category
Thematic
Risk
Very High
Benchmark
Nifty Financial Services TRI
Launch date
28-12-2015
Minimum investment
₹5,000
Minimum additional investment
₹1,000
AUM
₹3,053.35 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
135793
ISIN (Direct)
INF277K01Z10
Scheme code (Regular)
135794
ISIN (Regular)
INF277K01Y86
NAV history
From 29-12-2015, 10.8 years
Exit load
0.25% of NAV if redeemed /switched out before 30 days from the date of allotment.
Tax on Tata Banking & Financial Services Fund returns
Tata Banking & Financial Services Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Payout Income Distribution Cum Capital Withdrawal
₹46.4151
30-10-2026
direct
Reinvestment Income Distribution Cum Capital Withdrawal
₹46.4151
30-10-2026
direct
Growth
₹47.9159
30-10-2026
regular
Payout Income Distribution Cum Capital Withdrawal
₹35.6724
30-10-2026
regular
Reinvestment Income Distribution Cum Capital Withdrawal
₹35.6724
30-10-2026
regular
Growth
₹40.4048
30-10-2026
About Tata Banking & Financial Services Fund
Tata Banking & Financial Services Fund is a mutual fund from Tata Mutual Fund. Its category is Thematic. It was launched on 28-12-2015. Its benchmark is Nifty Financial Services TRI. At the end of September 2026 it held 36 securities.
Fund Manager
Kapil Malhotra
Fund manager of Tata Banking & Financial Services Fund, since 31-10-2025
Frequently Asked Questions for Tata Banking & Financial Services Fund
What is the current NAV of Tata Banking & Financial Services Fund?
The Direct plan NAV is ₹47.9159. The Regular plan NAV is ₹40.4048, as on 30-10-2026.
What are the returns of Tata Banking & Financial Services Fund?
The Direct plan returned −8.46% in 1 year, +10.13% a year over 3 years, +10.01% a year over 5 years. The Regular plan returned −9.73% in 1 year, +8.55% a year over 3 years, +8.36% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Tata Banking & Financial Services Fund?
The Direct plan charges 0.94% a year. The Regular plan charges 2.24% a year. This is the figure the fund house reported to AMFI, in force from 23-10-2026.
What is the AUM of Tata Banking & Financial Services Fund?
Tata Banking & Financial Services Fund managed ₹3,053.35 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Tata Banking & Financial Services Fund?
At the end of September 2026 the largest holdings were HDFCBANK (11.94%), ICICIBANK (10.39%), SBIN (7.20%), AXISBANK (6.75%), KOTAKBANK (5.61%). The fund held 36 securities in all.
What did Tata Banking & Financial Services Fund buy and sell in September 2026?
It bought 1 new stock: NATIONAL STOCK EXCHANGE OF INDIA LTD. It sold out of 1: HDFC ASSET MANAGEMENT COMPANY LTD. It added shares in 7. It reduced 5.
How do I invest in Tata Banking & Financial Services Fund?
Through Tata Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹5,000. You can invest once or through a monthly SIP.
Who is the fund manager of Tata Banking & Financial Services Fund?
Kapil Malhotra (since 31-10-2025).
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
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.
Track Tata Banking & Financial Services Fund in WealthGamma
Add this fund once. WealthGamma updates its value every day and shows it next to your stocks, gold, deposits and loans.