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 245 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹11.38 (as of 2026-10-01) |
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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 | 95.1% |
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| Mid cap | 4.3% |
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| Small cap | 0.5% |
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Concentration
| Top 5 holdings | 63.0% |
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| Top 10 holdings | 87.4% |
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| Total holdings | 20 |
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Top holdings
- HDFC Bank Ltd. — 17.6%
- ICICI Bank Ltd. — 15.3%
- State Bank Of India — 10.6%
- Kotak Mahindra Bank Ltd. — 9.8%
- AXIS Bank Ltd. — 9.7%
- Bajaj Finance Limited — 9.0%
- Shriram Finance Limited — 4.9%
- BSE Ltd. — 4.3%
- Bajaj Finserv Limited — 3.7%
- Cholamandalam Investment and Finance Company Ltd — 2.5%
Top sectors
- Banking & Financial — 67.2%
- Finance & Investments — 27.7%
- Miscellaneous — 6.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −11.1% | — | — |
| 2025 | 16.8% | — | — |