Tata Nifty Financial Services Index Fund
The scheme seeks to provide returns, before expenses, that commensurate with the performance of Nifty Financial Services Index (TRI), subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns.
Growthvine rating: 2/5 — ranked #147 of 244 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹12.18 (as of 2026-08-21) |
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| AUM | ₹71 Cr |
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| Expense ratio | 0.90% |
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| Riskometer | Very High |
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| Fund manager | Nitin Bharat Sharma |
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| Exit load | 0.25% for redemption within 15 days |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | -17.44% |
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| Alpha | 0 |
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| Beta | 0 |
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Market cap allocation
| Large cap | 95.0% |
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| Mid cap | 4.5% |
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| Small cap | 0.5% |
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Concentration
| Top 5 holdings | 60.8% |
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| Top 10 holdings | 84.9% |
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| Total holdings | 20 |
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Top holdings
- HDFC Bank Ltd. — 17.9%
- ICICI Bank Ltd. — 14.6%
- State Bank Of India — 9.9%
- Bajaj Finance Limited — 9.4%
- AXIS Bank Ltd. — 8.9%
- Kotak Mahindra Bank Ltd. — 8.8%
- BSE Ltd. — 4.6%
- Shriram Finance Limited — 4.5%
- Bajaj Finserv Limited — 3.6%
- SBI Life Insurance Company Limited — 2.6%
Top sectors
- Banking & Financial — 68.3%
- Finance & Investments — 26.3%
- Miscellaneous — 5.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | -4.8% | — | — |
| 2025 | 16.8% | — | — |