EQUITY•SECTORAL / THEMATIC
TATA Banking and Financial Services Fund Direct Plan Reinvestment of IDCW Reinvestment
3 Year return
13.16%
NAV on August 11, 2026
50.8868
1D Returns
+0.25%
Launched on December 2015(11 years)
Investment Details
₹100
Minimum SIP Amount
₹5000
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
23.14%₹833
Total Value ₹4,433
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹3,170.66 Cr.
Expense Ratio
0.91% (inclusive of GST)
Exit Load
0.25% of NAV if redeemed/switched out before 30 Days from the date of allotment.
Ratings
0
Ratings by other agencies
Value Research
4
Crisil
0
Morning Star
5
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Tata Mutual Fund Manager
AS
Amey Sathe
Fund Manager since Nov 2025
KM
Kapil Malhotra
Fund Manager since Dec 2023
Fund House Details
Tata Mutual Fund
Asset management company
AUM
₹2,31,388.31 Cr.
No. of Schemes
184
Setup Date
March 1994
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| Aditya Birla Sun Life PSU Equity Fund | 24.7224% | 0 |
| SBI PSU Fund | 25.2643% | 0 |
| LIC MF Infrastructure Fund | 26.704% | 0 |
Schemes by Tata Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Hybrid . Aggressive Hybrid Fund
TATA Aggressive Hybrid Fund Direct Plan Monthly Payout of IDCW Payout9.3096%
Hybrid . Aggressive Hybrid Fund
TATA Aggressive Hybrid Fund Direct Plan Monthly Reinvestment of IDCW Reinvestment9.3096%
Hybrid . Aggressive Hybrid Fund
TATA Aggressive Hybrid Fund Direct Plan Periodic Payout of IDCW Payout5.2097%
Hybrid . Aggressive Hybrid Fund
TATA Aggressive Hybrid Fund Direct Plan Periodic Reinvestment of IDCW Reinvestment5.2097%
The Tata Banking and Financial Services Fund Direct Plan Reinvestment of IDCW Reinvestment is managed by Tata Mutual Fund. This fund falls under the sectoral fund category, meaning it primarily invests in stocks of companies operating within the banking and financial sector.
The Tata Banking and Financial Services Fund is an open-ended fund, which means you can buy and sell units on any business day, providing liquidity and flexibility for investors.
The expense ratio of the fund is lower than the category average. This means that the fund charges lower fees to investors, which can help to improve their returns.
Investment Objectives of the Scheme
The primary goal of the Tata Banking and Financial Services Fund Direct Plan Reinvestment is to provide long-term capital appreciation by investing predominantly in equity and equity-related instruments of companies engaged in banking and finance activities. This fund is suitable for investors who have a high-risk appetite and an investment horizon of at least 5 years. It aims to capitalise on growth opportunities within the banking and finance sector, which can be crucial for economic development.
Key Features of The Fund
5-year return
13.4516%
Expense Ratio
0.91%
Fund Manager
Amey Sathe
Fund Size
₹3170.66 Cr.
Risk Profile
Very High
Is This Scheme Right for Me?
This fund is suitable for investors who are willing to take on a moderate to high level of risk in pursuit of potentially higher returns. If you believe in the growth potential of the infrastructure sector and are comfortable with market fluctuations, this fund might align with your investment goals.
AMC Contact Details
| Name | Tata Mutual Fund |
| Launch Date | March 1994 |
| Address | Mulla House, Ground Floor, 51, M.G. Road, Near Flora Fountain, Mumbai – 400 001 Maharashtra |
| Contact | (022) 6282 7777 |
| service@tataamc.com | |
| Website | https://www.tatamutualfund.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Make Use of SIPs for Harnessing the Power of Compounding
To take advantage of compound interest, a lot of investors select Systematic Investment Plans (SIPs) for their mutual fund investments. By establishing a fixed amount of money to be invested every month, averaging the cost per unit over time, and mitigating the effects of market volatility, SIPs enable disciplined investing. Try the free mutual fund SIP calculator from Angel One to plan your investment and get an idea of possible returns.
FAQs
What is today's NAV of TATA Banking and Financial Services Fund Direct Plan Reinvestment of IDCW Reinvestment?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of TATA Banking and Financial Services Fund Direct Plan Reinvestment of IDCW Reinvestment on August 11, 2026, is ₹50.8868
What is the AUM of TATA Banking and Financial Services Fund Direct Plan Reinvestment of IDCW Reinvestment?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of TATA Banking and Financial Services Fund Direct Plan Reinvestment of IDCW Reinvestment, is ₹3170.66 crore.
What is the expense ratio of TATA Banking and Financial Services Fund Direct Plan Reinvestment of IDCW Reinvestment?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of TATA Banking and Financial Services Fund Direct Plan Reinvestment of IDCW Reinvestment is 0.91%
What are the returns of TATA Banking and Financial Services Fund Direct Plan Reinvestment of IDCW Reinvestment since inception?
The TATA Banking and Financial Services Fund Direct Plan Reinvestment of IDCW Reinvestment was launched on December 04, 2015. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in TATA Banking and Financial Services Fund Direct Plan Reinvestment of IDCW Reinvestment?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for TATA Banking and Financial Services Fund Direct Plan Reinvestment of IDCW Reinvestment is ₹100.
How do I invest in TATA Banking and Financial Services Fund Direct Plan Reinvestment of IDCW Reinvestment?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in TATA Banking and Financial Services Fund Direct Plan Reinvestment of IDCW Reinvestment?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in TATA Banking and Financial Services Fund Direct Plan Reinvestment of IDCW Reinvestment?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in TATA Banking and Financial Services Fund Direct Plan Reinvestment of IDCW Reinvestment?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,433 in 3Y at 13.1569% returns
SIP Date1st of every month
Your next SIP Payment will be on 11 September 2026
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