Tata Banking & Financial Services Fund Direct Growth performance review analysis for December: Tata Banking & Financial Services Fund Direct Growth, managed by the seasoned fund managers Amey Sathe, remains a prominent player in the Sector – Financial Services. Tata Banking & Financial Services Fund boasts an impressive AUM of ₹2374.28 crore. Under the guidance of Amey Sathe, the fund adheres to its objective of 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.
Performance Analysis:
Over the past week, Tata Banking & Financial Services Fund returned 0.57%, showing a positive delta of 1.77%. The one-month performance shows a negative trend, with the fund delivering 2.86%.
The performance over the longer durations is mentioned below:
Below is the list of top holdings in the fund:
Risk Measurement
Understanding the risk associated with the fund is crucial for investors. The Sharpe Ratio, which measures risk-adjusted returns, is a key indicator of how well the fund compensates investors for the risk taken. Over the past year, the fund’s Sharpe Ratio stands at 0.92, while the three-year and five-year ratios are 0.78 and 0.51, respectively. Sharpe ratio values above 1 are considered good, whereas values below 1 are considered bad.
In terms of volatility, the standard deviation over the same periods— 13.40% for one year, 14.67% for three years, and 22.84% for five years. Higher standard deviations indicate greater volatility, while lower ones suggest more stable returns.
The fund has increased its position in the following stocks:
The fund has reduced its holding in the following stocks:
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