Investment Objective and Approach

The primary objective of the Scheme is to generate capital appreciation through a portfolio that invests predominantly in equity and equity related instruments of Banking, Financial and Non Banking Financial Companies that form a part of the BFSI Sector. The fund allocates 80%-100% in Equity & Equity Related Instruments of companies belonging to Banking & Financial Services Sector and 0-20% in Debt& Money Market Instruments.

The fund follows a focused investment approach, targeting companies across the banking and financial services ecosystem. The scheme benchmarks its performance against BSE Bankex TRI. This sectoral focus allows investors to participate in the growth potential of India's expanding financial services sector, which includes traditional banks, non-banking financial companies (NBFCs), insurance companies, and other financial intermediaries.

The investment strategy is designed for investors who believe in the long-term growth prospects of India's financial sector and are comfortable with the concentrated risk that comes with sectoral investing.

Fund Managers

Prasanna Pathak is the Current Fund Manager of Taurus Banking & Financial Services Fund Direct Growth fund. Mr. Prasanna Pathak is the Head of Equity and Fund Manager at Taurus Mutual Fund. He is a B.Tech. (Chemical) from LIT. Additionally, he has also done his PGDM (Finance) from S.P. Jain Institute of Management – Mumbai. He has over 17 years of experience in the field of research as well as Finance and Money Management.

He has overall experience of 19 years in Managing wealth management and handling Risk Management Process for various Corporates, He worked with Religare Securities Ltd as AVP- Risk & Opreations, FCH Centrum Wealth Managers Ltd. This extensive experience in both equity research and risk management provides strong leadership for the fund's investment strategy.

About the Fund House (AMC)

Taurus Mutual Fund was established in 1993 to offer investment solutions that not only create wealth but also preserve it for all investor segments. Taurus Mutual Fund was amongst the first few private sector Mutual Funds to be registered with SEBI.Taurus Mutual Fund launched its first scheme – Taurus Starshare (Multi Cap) Fund in early 1994 which is operational even today.

It was the first private player to receive permission to manage investment profiles from NRIs and FIIs. Over the last decade, Taurus Mutual Fund has received a series of investments from the likes of IFC in Washington DC to the European Commission Investment Corporation headquartered in Brussels, the capital of Belgium.

Key leadership includes Mr. Waqar Naqvi as the Chief Executive Officer at Taurus Mutual Fund. With nearly three decades of industry experience, Mr. Naqvi leads the team of functional heads at Taurus. He is a 1991 batch ICWA as well as an MBA in Finance from Nagpur University.

With over Rs. 739.26 Crore worth AuM as of 2024, Taurus Mutual Fund is one of the fastest expanding Mutual Fund majors. Today, the Mutual Fund is managed by HB Portfolio Limited, which is also the Asset Management Company or AMC. It also has a Board of Trustees in the form of the Taurus Investment Trust Company, which is the de facto management of the Private Mutual Fund Company.

Should I Invest in Taurus Banking and Financial Services Fund?

This fund may be suitable for investors who:

- Believe in India's financial sector growth: Investors believe on India's long term growth potential. Investors who agree on the importance of the Banking & Financial Services Sector.

- Can handle higher risk: Investors comfortable with the higher risk profile offered of Equity Investments. The Taurus Banking & Financial Services Fund Direct Growth is rated Very High risk.

- Seek portfolio diversification: Investors who wish to complement their core portfolio holdings.

Key Performance Metrics (as of July 2025):

- Monthly Average AUM: Rs. 12.14 Cr. Month End AUM: Rs. 12.30 Cr.

- The fund has an expense ratio of 2.43% for Regular Plan and 1.57% for Direct Plan

- The 1-year, 3-year and 5-year returns of this fund were 7.59%, 19.84% and 19.80% respectively (as of July 2025)

- The minimum investment required to start investing in Taurus Banking & Financial Services Fund - Regular Plan is ₹500 for the lump sum option and ₹500 for the SIP (Systematic Investment Plan) option.

- Exit load of 1%, if redeemed within 365 days.

However, investors should note that the scheme's ability to deliver returns consistently is in-line with most funds of its category. It's ability to control losses in a falling market is above average. The fund's concentrated exposure to the BFSI sector makes it susceptible to sector-specific risks and regulatory changes.

FAQs

What is today's NAV of Taurus Banking and Financial Services Fund?

The latest NAV varies by plan type. Check the current NAV on Allvest platform or the fund's official website for real-time updates.

What is the AUM of Taurus Banking and Financial Services Fund?

The fund has a Monthly Average AUM of Rs. 12.14 Cr and Month End AUM of Rs. 12.30 Cr as per the latest available data.

What is the expense ratio of Taurus Banking and Financial Services Fund?

The expense ratio is 2.43% for Regular Plan and 1.57% for Direct Plan including additional expenses and GST on management fees.

What are the returns of Taurus Banking and Financial Services Fund since inception?

The fund has delivered competitive long-term returns, with recent performance showing strong growth in the banking and financial services sector over its operational period.

What is the minimum SIP amount to invest in Taurus Banking and Financial Services Fund?

The minimum investment required is ₹500 for both lump sum option and ₹500 for the SIP (Systematic Investment Plan) option.

How do I invest in Taurus Banking and Financial Services Fund?

You can invest through Allvest by completing your KYC, selecting the fund, choosing between SIP or lump sum, and making the payment via UPI or net banking.

How to start a SIP in Taurus Banking and Financial Services Fund?

Log into your Allvest account, search for the fund, select SIP option, set your monthly investment amount (minimum ₹500), choose investment date, and set up auto-debit for hassle-free investing.

How do I automate an SIP in Taurus Banking and Financial Services Fund?

Enable auto-debit facility through Allvest platform by providing bank mandate. This ensures automatic monthly deductions without manual intervention, making your investment journey seamless.

How can I withdraw/redeem my investment in Taurus Banking and Financial Services Fund?

You can redeem through Allvest platform by placing a redemption request. Proceeds are typically credited within 2-4 business days. Note that exit load of 1% applies if redeemed within 365 days.