📊 Equity Fund · Deep Analysis

Tata Banking And Financial Services Fund

Tata Mutual Fund · Direct Growth · SEBI Category: Equity

Current NAV ₹48.6415 (+0.21% today) As of 04 Jun 2026
1 Year Return -1.5%
3 Year CAGR +13.2% p.a.
5 Year CAGR +12.5% p.a.
AAUM ₹3.1K Cr Jan–Mar 2026
All data from RightAdvise DB — calculated from 2,566 daily NAV records
Fund Overview

Tata Banking And Financial Services Fund — Quick Summary

Tata Banking and Financial Services Fund is managed by Tata Asset Management — the asset management arm of the Tata Group. The Tata brand brings institutional trust and conservative investment values to a sector fund category that can attract speculative or momentum-driven investment approaches. Amey Sathe's quality-focused approach within financial sector investing means the portfolio tends toward better-managed financial institutions rather than cheap, high-leverage sector plays.

The fund covers private and public sector banks, NBFCs, insurance companies and other financial intermediaries. Tata MF's conservative culture means the portfolio tends to avoid highly leveraged or operationally weak financial companies — even if they appear cheap by valuation metrics. This quality filter reduces the risk of value traps within the financial sector.

Fund House
Tata Mutual Fund
SEBI Category
Equity
Benchmark
Nifty Financial Services TRI
Fund Manager
Amey Sathe
AMFI Code
135793
Risk Level
Very High
NAV Records in DB
2,566 days
Quarterly Average AUM · Jan–Mar 2026
₹3.1K Cr
↑ Increased by 0.5% vs Oct–Dec 2025 · ₹3.1K Cr
Official quarterly average AUM from AMFI disclosure. Published every 3 months.
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✓ Suitable For
Investors who trust the Tata brand for conservative sector fund management. Those wanting quality-focused banking sector exposure rather than aggressive value-hunting in weak financial institutions. Experienced investors with conviction on India's financial sector.
Tata Group's conservative financial values applied to banking sector investing. Quality filter within financial sector reduces exposure to weak or highly leveraged institutions. Institutional trust of the Tata brand for long-term sector fund commitment. Research-driven fundamental approach to financial sector selection.
✗ Not Suitable For
Aggressive investors wanting maximum exposure to cheap, high-upside banking turnarounds — Tata's quality filter eliminates these. First-time investors or those new to sector investing. Those wanting this as a primary equity fund.
Who Runs This Fund

Fund Manager

AS
Amey Sathe
Tata Mutual Fund · Managing since January 2016

Amey Sathe is Fund Manager at Tata Mutual Fund and manages the Tata Banking and Financial Services Fund. He applies a research-driven, fundamental analysis approach to financial sector investing — focusing on the quality of the lending book, management track record, capital adequacy and growth potential of banking and financial companies. His approach emphasises quality financial sector businesses over cheap but operationally weak ones.

For current co-manager details and full biography, refer to the latest Tata Mutual Fund factsheet on AMFI or the AMC website.

What to Factor In

Things to Consider

Informational points to help you form your own view — not judgements or recommendations.

AMFI Code · Informational
AMFI Scheme Code: 135793
The official AMFI scheme code for Tata Banking And Financial Services Fund Direct Growth is 135793. Use this when transacting on platforms or verifying data across databases.
Important Note
Points Worth Knowing
Murthy Nagarajan's fixed income expertise is a key strength of Tata MF but is less directly relevant for this equity sector fund. Evaluate Amey Sathe's equity sector track record specifically when assessing this fund rather than relying on Tata MF's overall brand reputation.
Investment Objective
As per Scheme Information Document
To seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of Banking and Financial Services Sector companies in India.
All Data Below — From RightAdvise Database
Category Comparison

Top 5 Banking & Financial Services Funds Compared

Live data. Current fund highlighted. Click any fund name for full analysis.

FundNAVAAUM1Y Return 3Y CAGR 5Y CAGR Sharpe (3Y)
ICICI Prudential Banking and Financial Services Fund ₹141.42 ₹10.6K Cr Jan–Mar 2026 -5.8% +10.5% p.a. +10.1% p.a. 0.43
SBI Banking and Financial Services Fund ₹47.05 ₹10.2K Cr Jan–Mar 2026 +1.8% +16.6% p.a. +13.0% p.a. 0.71
Nippon India Banking and Financial Services Fund ₹670.50 ₹7.4K Cr Jan–Mar 2026 -1.9% +13.5% p.a. +14.0% p.a. 0.62
Aditya Birla Sun Life Banking and Financial Services Fund ₹66.74 ₹3.5K Cr Jan–Mar 2026 -1.2% +12.1% p.a. +11.4% p.a. 0.48
Tata Banking and Financial Services Fund ▲ ₹48.64 ₹3.1K Cr Jan–Mar 2026 -1.5% +13.2% p.a. +12.5% p.a. 0.58
Best value in each column shown in green. AAUM from latest AMFI quarterly filing. Returns calculated from daily NAV history.
Performance

Fund Returns

Calculated from 2,566 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.

1M / 3M / 6M / 1Y — simple point-to-point return  ·  3Y / 5Y / 10Y — CAGR (compounded annual growth rate)

1 MonthPoint-to-point
-2.3%
3 MonthPoint-to-point
-7.5%
6 MonthPoint-to-point
-7.9%
1 YearPoint-to-point
-1.5%
3 YearCAGR
+13.2% p.a.
5 YearCAGR
+12.5% p.a.
10 YearCAGR
+15.7% p.a.
₹1 Lakh → 5YLump sum growth
₹179,045

Best & Worst Periods Ever

Based on all rolling windows in full NAV history. Dates show the start and end of each period.

Best 1Y WindowSimple return
+84.5%
Mar 2020 – Mar 2021
Worst 1Y WindowSimple return
-26.6%
Mar 2019 – Mar 2020
Best 3Y CAGRCAGR p.a.
+31.8% p.a.
May 2020 – Jun 2023
Worst 3Y CAGRCAGR p.a.
-2.1% p.a.
Apr 2017 – May 2020

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025
+19.2%
2024
+10.6%
2023
+23.8%
2022
+18.8%
2021
+13.6%
2020
+4.3%
2019
+27.7%
2018
+1.6%
2017
+47.5%
Consistency Analysis

Rolling Returns ℹ️ What is this?

Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →

1Y Rolling Avg
19.2%
Positive in 86% of windows
Best: 84.5% · Worst: -26.6%
3Y Rolling Avg
16.4% p.a.
Positive in 99% of windows
Best: 31.8% · Worst: -2.1%
5Y Rolling Avg
16.6% p.a.
Positive in 100% of windows
Best: 28.8% · Worst: 8.2%
1-Year Rolling Returns Each bar = 1Y return starting from that date
Risk Analysis

Maximum Drawdown ℹ️ What is this?

How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.

Max Drawdown Ever
-41.6%
Jan 2020 → Mar 2020
Recovered: Dec 2020 (1yr 1mo)
Current from Peak
-10.5%
All-time Peak: ₹54.39
Peak date: Feb 2026

How the fund behaved in key crisis periods

Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.

2024–25 Tariff / Correction
-11.1%
Sep 27, 2024 – Apr 7, 2025
Recovered: Apr 2025 (4 mos)
COVID-19 Crash
-40.7%
Feb 19 – Mar 23, 2020
Recovered: Dec 2020 (1yr)
2022 Rate Hike Cycle
-17.6%
Jan 17 – Jun 17, 2022
Recovered: Aug 2022 (3 mos)
2018 IL&FS Crisis
-18.5%
Aug 28 – Oct 26, 2018
Recovered: Mar 2019 (8 mos)
Risk Metrics

Risk Ratios

Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →

Sharpe Ratio (3Y)
0.58
Return per unit of total risk. >1 is good. Learn more →
Sortino Ratio (3Y)
0.82
Like Sharpe but only penalises downside volatility. Learn more →
Std Deviation (3Y)
15.0%
Annualised monthly volatility. Lower = more consistent returns. Learn more →
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Want to see what Tata Banking And Financial Services Fund is actually holding?

Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.

Full current portfolio — all stocks, weights, sectors
New entries and exits over the last 3 months
Sector allocation and month-over-month changes
Updated monthly from official AMC disclosures
See Portfolio Holdings →
← Compare all Equity Funds

See how Tata Banking And Financial Services Fund ranks against other Equity funds on returns, drawdown, Sharpe ratio and AAUM — side by side.

Learn the Metrics
📖 Deep Dive
CAGR, Sharpe, Sortino & Std Dev
What these numbers mean and how to use them
📖 Deep Dive
Drawdown & Rolling Returns
Why these reveal more than any CAGR figure
⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.
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⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.