Taurus Banking & Financial Services Fund

ThematicDirect and Regular plans, Growth option

Data as on 30-10-2026

Taurus Banking & Financial Services Fund is a Thematic fund run by Taurus Mutual Fund. On 30-09-2026, it managed ₹10 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 7.9% a year and its Regular plan returned 7.0% a year. Its benchmark, BSE BANKEX TRI, returned 9.0% a year over the same 3 years.

NAV (Direct plan): ₹56.34; ▼ 0.74%30-10-2026
NAV (Regular plan): ₹49.94; ▼ 0.74%30-10-2026
Expense ratio: 1.84%Direct2.54%Regular; 1.84%; A year
Riskometer: Very High; Set by the fund house
3 year return: 7.9%Direct7.0%Regular; 7.9%; A year

Taurus Banking & Financial Services Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹56.34 (down 0.74% that day); Regular Plan Growth ₹49.94 (down 0.74% that day).

This fund (Direct plan)

₹56.34

Taurus Banking & Financial Services Fund Returns vs BSE BANKEX 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)	−1.18%	−6.07%	−4.59%	−9.25%	+7.86%	+7.20%	+11.70%
This fund (Regular)	−1.23%	−6.23%	−4.93%	−9.89%	+7.05%	+6.39%	+10.77%
BSE BANKEX TRI	−0.50%	−5.10%	+0.18%	−5.33%	+9.00%	+7.44%	+11.26%
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	69/235	138/232	182/232	182/215	111/133	79/96	47/63

Category rows compare the Direct plans of 235 Thematic funds. Rank 1 is the highest return.

Taurus Banking & Financial Services Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	BSE BANKEX TRI
2026to date	−8.67%	−9.17%	−7.40%
2025	+11.88%	+10.94%	+16.66%
2024	+9.40%	+8.61%	+7.15%
2023	+16.88%	+15.96%	+12.12%
2022	+18.72%	+17.81%	+21.91%
2021	+12.24%	+11.37%	+12.97%

Taurus 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 2,673 periods, one for each trading day from 04-01-2016 to 30-10-2026.

−10%0%10%20%30%40%

Nov 2013
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025

Taurus Banking & Financial Services Fund (Direct)BSE BANKEX TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	3,161	13.2%	−32.5%	86.5%	19%	13.3%	33%
2 years	2,919	14.0%	−11.2%	41.5%	7%	13.3%	41%
3 years	2,673	13.6%	−4.3%	31.5%	2%	12.9%	54%
5 years	2,177	13.4%	0.7%	25.5%	0%	12.5%	65%
7 years	1,687	13.4%	5.2%	19.9%	0%	12.5%	61%
10 years	942	13.6%	9.9%	17.6%	0%	13.4%	72%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	154	14.7%	−51.3%	82.7%	21%	14.9%	37%
2 years	142	14.8%	−25.0%	44.5%	11%	15.0%	35%
3 years	130	15.3%	−14.6%	25.5%	6%	15.1%	48%
5 years	106	14.5%	−2.4%	19.8%	1%	14.1%	67%
7 years	82	14.1%	2.7%	16.9%	0%	13.1%	84%
10 years	46	14.1%	10.5%	15.5%	0%	13.3%	87%

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 BSE BANKEX TRI over the same days. Past returns do not promise future returns.

Taurus Banking & Financial Services Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Taurus Banking & Financial Services Fund (Direct)This fund	BSE BANKEX TRI
Return (CAGR)	−9.25%	−5.33%
Standard deviation	15.91%	17.08%
Sharpe ratio	-0.91	-0.62
Sortino ratio	-1.25	-0.85
Maximum drawdown	−15.0% (30-03-2026)	−18.2% (30-03-2026)
Beta	0.88	1.00
Alpha	−5.15%	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	Taurus Banking & Financial Services Fund (Direct)This fund	BSE BANKEX TRI
Return (CAGR)	+7.86%	+9.00%
Standard deviation	15.51%	16.19%
Sharpe ratio	0.12	0.18
Sortino ratio	0.16	0.26
Maximum drawdown	−15.0% (30-03-2026)	−18.2% (30-03-2026)
Beta	0.92	1.00
Alpha	−0.90%	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	Taurus Banking & Financial Services Fund (Direct)This fund	BSE BANKEX TRI
Return (CAGR)	+7.20%	+7.44%
Standard deviation	16.15%	16.78%
Sharpe ratio	0.09	0.10
Sortino ratio	0.12	0.14
Maximum drawdown	−19.9% (20-06-2022)	−18.2% (30-03-2026)
Beta	0.93	1.00
Alpha	−0.12%	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	Taurus Banking & Financial Services Fund (Direct)This fund	BSE BANKEX TRI
Return (CAGR)	+11.70%	+11.26%
Standard deviation	19.48%	21.59%
Sharpe ratio	0.32	0.27
Sortino ratio	0.45	0.38
Maximum drawdown	−41.6% (23-03-2020)	−47.6% (23-03-2020)
Beta	0.88	1.00
Alpha	+1.14%	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	Taurus Banking & Financial Services Fund (Direct)This fund	BSE BANKEX TRI
Return (CAGR)	+10.67%	+11.74%
Standard deviation	20.44%	22.17%
Sharpe ratio	0.23	0.26
Sortino ratio	0.32	0.36
Maximum drawdown	−41.6% (23-03-2020)	−47.6% (23-03-2020)
Beta	0.90	1.00
Alpha	−0.51%	0.00%

From daily NAVs, 03-01-2013 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%

2014201620182020202220242026

Taurus Banking & Financial Services Fund (Direct)BSE BANKEX TRI

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Taurus Banking & Financial Services Fund (Direct)	−41.6%	27-12-2019	23-03-2020	28-12-2020	9 months	−10.8%
BSE BANKEX TRI	−47.6%	27-12-2019	23-03-2020	13-01-2021	10 months	−10.6%

From the Direct plan's daily NAV since 03-01-2013, adjusted for unit splits, and BSE BANKEX TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Taurus Banking & Financial Services Fund vs Other Thematic Funds

The five Thematic funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Nippon India Taiwan Equity Fund	1/133	1,147	1.08%	+75.71%	+54.78%	--	--	1.38	2.03	Compare
HDFC Defence Fund	2/133	11,493	0.90%	+13.79%	+34.76%	−0.18%	0.83	1.12	1.54	Compare
HDFC Pharma and Healthcare Fund	3/133	3,501	1.05%	+23.12%	+30.53%	+8.23%	0.96	1.74	2.49	Compare
SBI Healthcare Opportunities Fund	4/133	5,870	1.01%	+17.12%	+24.60%	+3.61%	0.88	1.42	2.03	Compare
Aditya Birla Sun Life International Equity Fund	5/133	352	2.00%	+13.97%	+24.46%	--	--	1.49	2.16	Compare
Taurus Banking & Financial Services Fund	111/133	10	1.84%	−9.25%	+7.86%	−0.90%	0.92	0.12	0.16

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.

Taurus Banking & Financial Services Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-09-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Thematic median	Cost rank (1 = cheapest)
Direct	1.46%	0.04%	0.00%	0.34%	1.84%	1.18%	214/235
Regular	2.08%	0.04%	0.00%	0.42%	2.54%	2.41%	146/235

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	−9.89%	−9.25%	0.64%	₹90,110	₹90,750
3 years	7.05%	7.86%	0.81% a year	₹1,22,676	₹1,25,482
5 years	6.39%	7.20%	0.81% a year	₹1,36,303	₹1,41,571
10 years	10.77%	11.70%	0.93% a year	₹2,78,113	₹3,02,365

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.

Taurus 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

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 03-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planTaurus Banking & Financial Services Fund (Direct)	₹16,60,000	₹38,28,229	₹21,68,229	11.3%
Regular planTaurus Banking & Financial Services Fund (Regular)	₹16,60,000	₹35,51,081	₹18,91,081	10.3%
BSE BANKEX TRI	₹16,60,000	₹38,76,883	₹22,16,883	11.5%
Category averageCategory average, 235 Thematic funds	₹16,60,000	₹52,02,269	₹35,42,269	15.2%

₹0₹20.0 L₹40.0 L₹60.0 L

2014201620182020202220242026

Direct planTaurus Banking & Financial Services Fund (Direct)Regular planTaurus Banking & Financial Services Fund (Regular)BSE BANKEX 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.

Taurus Banking & Financial Services Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

96.5%Equity

Asset	Fund	Category
Equity	96.5%	94.5%
Cash and others	3.5%	4.0%

Market cap of stocks

Market cap	Fund	Category
Large Cap	74.2%	45.7%
Mid Cap	5.3%	19.6%
Small Cap	16.9%	24.1%

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.

Taurus Banking & Financial Services Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Other96.5%

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Other	98.1%	98.8%	96.5%	−1.6%

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.

Taurus Banking & Financial Services Fund Portfolio Holdings

As on 30-09-2026 · 26 holdings · from the fund house's monthly portfolio

Holdings	Weight%	1M change
ICICI Bank Ltd.	16.80%	−2.9%
HDFC Bank Ltd.	13.67%	0.0%
Kotak Mahindra Bank Ltd.	8.51%	0.0%
State Bank of India	8.26%	0.0%
Axis Bank Ltd.	8.15%	0.0%
DAM Capital Advisors Ltd.	4.44%	0.0%
Bajaj Finance Ltd.	4.13%	0.0%
General Insurance Corporation of India	3.42%	0.0%
Power Finance Corporation Ltd.	3.10%	0.0%
Bajaj Holdings & Investment Ltd.	3.10%	0.0%
LIC Housing Finance Ltd.	3.05%	0.0%
Prudent Corporate Advisory Services Ltd.	2.40%	0.0%
HDFC Asset Management Co. Ltd.	2.34%	0.0%
Bank of Baroda	2.27%	0.0%
Jio Financial Services Ltd.	2.06%	0.0%
Central Depository Services (I) Ltd.	2.00%	+28.3%
Life Insurance Corporation of India	1.85%	0.0%
JM Financial Ltd.	1.72%	0.0%
UTI Asset Management Co. Ltd.	1.50%	0.0%
Indian Energy Exchange Ltd.	1.30%	0.0%
PB Fintech Ltd.	0.81%	+107.3%
Bajaj Housing Finance Ltd.	0.63%	0.0%
Multi Commodity Exchange of India Ltd.	0.47%	0.0%
Home First Finance Company India Ltd.	0.42%	0.0%
Bandhan Bank Ltd.	0.10%	−90.6%
SBI Cards & Payment Services Ltd.	0.02%	−98.0%

Taurus Banking & Financial Services Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

ICICI Bank Ltd.	Reduced	−2.9%	16.80%
Central Depository Services (I) Ltd.	Added	+28.3%	2.00%
SBI Cards & Payment Services Ltd.	Reduced	−98.0%	0.02%
Indian Renewable Energy Development Agency Ltd.	Sold out	−100%	was 0.93%
Bandhan Bank Ltd.	Reduced	−90.6%	0.10%
PB Fintech Ltd.	Added	+107.3%	0.81%

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.

What Taurus Banking & Financial Services Fund bought and sold

Taurus Banking & Financial Services Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Mirae Asset Nifty Financial Services ETFETF · Mirae Asset	61.1%	10	Compare
Tata NIFTY Financial Services Index FundIndex · Tata	61.1%	10	Compare
Motilal Oswal BSE Top 10 Banks ETFETF · Motilal Oswal	57.7%	6	Compare
DSP BSE Top 10 Banks ETFETF · DSP	57.7%	6	Compare
Aditya Birla Sun Life BSE TOP 10 BANKS ETFETF · Aditya Birla Sun Life	57.7%	6	Compare
Bajaj Finserv BSE Top 10 Banks ETFETF · Bajaj Finserv	57.7%	6	Compare
Edelweiss BSE Top 10 Bank ETFETF · Edelweiss	57.7%	6	Compare
ICICI Prudential Banking & Financial Services FundThematic · ICICI Prudential	56.7%	15	Compare

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.

Taurus Banking & Financial Services Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 1.84%
Expense ratio (Regular): 2.54%
Category: Thematic
Risk: Very High
Benchmark: BSE BANKEX TRI
Launch date: 22-05-2012
Minimum investment: ₹500
Minimum additional investment: ₹500
AUM: ₹10.44 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 118868
ISIN (Direct): INF044D01CN2
Scheme code (Regular): 117312
ISIN (Regular): INF044D01BI4
NAV history: From 03-01-2013, 13.8 years

Exit load: 1% if exited on or before 365 days, Nil after 365 days

Tax on Taurus Banking & Financial Services Fund returns

Taurus 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	Income Distribution Cum Capital Withdrawal	₹55.69	30-10-2026
direct	Growth	₹56.34	30-10-2026
regular	Income Distribution Cum Capital Withdrawal	₹44.71	30-10-2026
regular	Growth	₹49.94	30-10-2026

About Taurus Banking & Financial Services Fund

Taurus Banking & Financial Services Fund is a mutual fund from Taurus Mutual Fund. Its category is Thematic. It was launched on 22-05-2012. Its benchmark is BSE BANKEX TRI. At the end of September 2026 it held 26 securities.

Fund Manager

Anuj Kapil
Fund manager of Taurus Banking & Financial Services Fund, since 13-06-2023

See all funds of Taurus Mutual Fund

AUM change

September 2026: ₹10.44 Cr; −5.43% from August 2026
August 2026: ₹11.04 Cr; −3.07% from July 2026
July 2026: ₹11.39 Cr; −2.57% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Taurus Banking & Financial Services Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Compare with any other fund

Frequently Asked Questions for Taurus Banking & Financial Services Fund

What is the current NAV of Taurus Banking & Financial Services Fund?

The Direct plan NAV is ₹56.34. The Regular plan NAV is ₹49.94, as on 30-10-2026.

What are the returns of Taurus Banking & Financial Services Fund?

The Direct plan returned −9.25% in 1 year, +7.86% a year over 3 years, +7.20% a year over 5 years. The Regular plan returned −9.89% in 1 year, +7.05% a year over 3 years, +6.39% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of Taurus Banking & Financial Services Fund?

The Direct plan charges 1.84% a year. The Regular plan charges 2.54% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.

What is the AUM of Taurus Banking & Financial Services Fund?

Taurus Banking & Financial Services Fund managed ₹10.44 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Taurus Banking & Financial Services Fund?

At the end of September 2026 the largest holdings were ICICIBANK (16.80%), HDFCBANK (13.67%), KOTAKBANK (8.51%), SBIN (8.26%), AXISBANK (8.15%). The fund held 26 securities in all.

What did Taurus Banking & Financial Services Fund buy and sell in September 2026?

It sold out of 1: Indian Renewable Energy Development Agency Ltd. It added shares in 2. It reduced 3.

How do I invest in Taurus Banking & Financial Services Fund?

Through Taurus 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 ₹500. You can invest once or through a monthly SIP.

Who is the fund manager of Taurus Banking & Financial Services Fund?

Anuj Kapil (since 13-06-2023).

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.