Objective: The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies in the Banking and Financial Services sector in India.
Tata Banking & Financial Services Fund Direct Payout of Income Distribution cum Capital Wtdrwl is an Equity - Sector - Financial Services fund. The fund was launched inDec 28, 2015. Its risk level is . The NAV of the fund as onJul 28, 2025 is ₹49.88. Its expense ratio is 0.56 %. The fund has an AUM of ₹2,957.93 Cr.The fund is managed byAmey Sathe.
The minimum initial investment is ₹5000 in Lumpsum mode.