Tata Nifty Financial Services Index Fund
Index Funds · Tata Asset Management Limited
Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹82,620. Expect meaningful ups and downs on the way.
New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.Tata Nifty Financial Services Index Fund is a index funds from Tata Asset Management Limited. It has a track record of about 2.4 years. As of the latest data it carries an RS rating of 13/99 (its recent momentum versus category peers). The current NAV is ₹11.9 (as of 2026-09-16).
Growth of ₹100 - last 2 years
Tata Nifty Financial Services Index Fund returns: last 1, 3, 5 and 10 years
| Period | This fund | Category average |
|---|---|---|
| 1 month | -3.66% | -3.19% |
| 3 months | -3.42% | -0.24% |
| 6 months | -2.06% | 4.45% |
| 1 year | -3.95% | 1.13% |
Its trailing one-year return is -3.95%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.
Year-by-year returns
| Year | Tata Nifty Financial S | Benchmark |
|---|---|---|
| 2025 | +17.5% | +6.7% |
| 2026 | -8.1% | -5.8% |
Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.
Risk & drawdowns
| Measure | This fund | Category average |
|---|---|---|
| Worst drawdown (lifetime) | -17.38% | -16.31% |
| Worst drawdown (3Y) | -17.38% | -15.09% |
| Volatility (1Y) | 21.22% | 14.53% |
| Sharpe (3Y) | 0.01 | 0.24 |
| Sortino (3Y) | 0.03 | 0.69 |
| Beta (3Y) | 0.89 | 0.67 |
| Alpha (3Y) | 3.44% | 1.16% |
| Up capture | 92.6% | 70.6% |
| Down capture | 81.8% | 61.79% |
| Bull-market return | 24.1% | 22.28% |
| Bear-market return | -23.3% | -18.34% |
Timing matters more than people admit: the best possible 1-year stretch in Tata Nifty Financial Services Index Fund (starting 2024-06-04) gained 25.7%, while the worst (starting 2025-06-06) lost 7.3%. The worst peak-to-bottom fall Tata Nifty Financial Services Index Fund has ever put investors through is -17.38% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -23.3% annualised, versus 24.1% in rising markets. It has captured roughly 92.6% of its benchmark's up-moves and 81.8% of its down-moves.
How Tata Nifty Financial Services Index Fund behaves when markets fall
When the market is falling (the Nifty below its 200-day average), Tata Nifty Financial Services Index Fund has historically returned about -23.3% annualised, versus roughly 24.1% when the market is rising. Its deepest fall on record is -17.38%. Right now it sits about 10.8% below its all-time high (last hit 2026-02-18). The real question isn't the average year - it's whether you could hold on through the worst one.
How Tata Nifty Financial Services Index Fund ranks in its category
Percentile versus its ~1179 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.
Consistency (rolling returns)
Rolling-return data isn't available for this fund yet.
Who manages Tata Nifty Financial Services Index Fund - and how good are they?
Tata Nifty Financial Services Index Fund is managed by Rakesh Prajapati and Nitin Sharma. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.
Rakesh Prajapati's full record
Rakesh Prajapati currently runs 20 funds, across FoF Domestic, Index Funds, with about ₹6,549 Cr under management. The book's average King Score is 33.5/100. Their strongest fund by King Score is Tata Nifty Midcap 150 Momentum 50 Index Fund (55/100); Tata Nifty Financial Services Index Fund ranks #17 of 20 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Tata Nifty Midcap 150 Momentum 50 Index Fund | 39 | 55 | -3.2% | 5.4% | 0.7% | 13.5% | n/a | n/a | 0.33 | 22.4% | -25.9% |
| 2 | Tata Nifty 50 Index Fund | 13 | 30 | -2.2% | -1.7% | -6.8% | 5.7% | 6.6% | 11.2% | -0.05 | 13.0% | -37.1% |
| 3 | Tata Nifty India Digital ETF Fund of Fund | 69 | 26 | 9.1% | 10.2% | -7.0% | 8.4% | n/a | n/a | 0.11 | 17.1% | -27.9% |
| 4 | Tata S&P BSE Sensex Index Fund | 7 | 23 | -2.1% | -2.5% | -8.6% | 3.9% | 5.6% | 10.9% | -0.17 | 12.6% | -37.0% |
| 5 | Tata Nifty MidSmall Healthcare Index Fund | 97 | n/a | 7.3% | 20.3% | 13.0% | n/a | n/a | n/a | 0.7 | n/a | -17.5% |
| 6 | Tata Nifty Capital Markets Index Fund | 91 | n/a | -5.2% | 12.3% | 21.1% | n/a | n/a | n/a | 0.48 | n/a | -30.6% |
| 7 | Tata Silver ETF Fund of Fund | 90 | n/a | -8.4% | -7.9% | 72.6% | n/a | n/a | n/a | 1.11 | n/a | -37.6% |
| 8 | Tata Gold ETF Fund of Fund | 80 | n/a | 0.7% | -2.3% | 35.9% | n/a | n/a | n/a | 1.45 | n/a | -16.6% |
| 9 | Tata Nifty Realty Index Fund | 80 | n/a | 3.1% | 12.7% | -6.8% | n/a | n/a | n/a | -0.43 | n/a | -43.5% |
| 10 | Tata Nifty500 Multicap India Manufacturing 50 30 20 Index Fund | 68 | n/a | 0.4% | 7.0% | 2.9% | n/a | n/a | n/a | 0.08 | n/a | -21.3% |
| 11 | Tata Nifty Midcap 150 Index Fund | 67 | n/a | -0.8% | 8.1% | 3.9% | n/a | n/a | n/a | n/a | n/a | -13.9% |
| 12 | Tata Nifty Auto Index Fund | 51 | n/a | 0.2% | 5.7% | 0.5% | n/a | n/a | n/a | 0.08 | n/a | -28.4% |
| 13 | Tata Nifty200 Alpha 30 Index Fund | 48 | n/a | -1.7% | 7.4% | 1.3% | n/a | n/a | n/a | -0.53 | n/a | -29.5% |
| 14 | Tata Nifty500 Multicap Infrastructure 50 30 20 Index Fund | 33 | n/a | -3.3% | 4.2% | -0.0% | n/a | n/a | n/a | -0.21 | n/a | -22.5% |
| 15 | Tata BSE Select Business Groups Index Fund | 29 | n/a | -3.8% | 2.2% | -0.8% | n/a | n/a | n/a | -0.32 | n/a | -15.1% |
| 16 | Tata BSE Quality Index Fund | 27 | n/a | -3.8% | 2.6% | -2.8% | n/a | n/a | n/a | 0.19 | n/a | -11.7% |
| 17 | Tata Nifty Financial Services Index Fund (this page) | 13 | n/a | -3.4% | -2.1% | -4.0% | n/a | n/a | n/a | 0.01 | n/a | -17.4% |
| 18 | Tata Nifty India Tourism Index Fund | 5 | n/a | -1.3% | 4.6% | -18.9% | n/a | n/a | n/a | -0.59 | n/a | -31.1% |
| 19 | Tata Nifty Next 50 Index Fund | n/a | n/a | -1.6% | 7.6% | n/a | n/a | n/a | n/a | n/a | n/a | -14.4% |
| 20 | Tata BSE Multicap Consumption 50 30 20 Index Fund | n/a | n/a | 0.9% | 6.3% | n/a | n/a | n/a | n/a | n/a | n/a | -17.4% |
Nitin Sharma's full record
Nitin Sharma currently runs 20 funds, across FoF Domestic, Index Funds, with about ₹6,549 Cr under management. The book's average King Score is 33.5/100. Their strongest fund by King Score is Tata Nifty Midcap 150 Momentum 50 Index Fund (55/100); Tata Nifty Financial Services Index Fund ranks #17 of 20 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Tata Nifty Midcap 150 Momentum 50 Index Fund | 39 | 55 | -3.2% | 5.4% | 0.7% | 13.5% | n/a | n/a | 0.33 | 22.4% | -25.9% |
| 2 | Tata Nifty 50 Index Fund | 13 | 30 | -2.2% | -1.7% | -6.8% | 5.7% | 6.6% | 11.2% | -0.05 | 13.0% | -37.1% |
| 3 | Tata Nifty India Digital ETF Fund of Fund | 69 | 26 | 9.1% | 10.2% | -7.0% | 8.4% | n/a | n/a | 0.11 | 17.1% | -27.9% |
| 4 | Tata S&P BSE Sensex Index Fund | 7 | 23 | -2.1% | -2.5% | -8.6% | 3.9% | 5.6% | 10.9% | -0.17 | 12.6% | -37.0% |
| 5 | Tata Nifty MidSmall Healthcare Index Fund | 97 | n/a | 7.3% | 20.3% | 13.0% | n/a | n/a | n/a | 0.7 | n/a | -17.5% |
| 6 | Tata Nifty Capital Markets Index Fund | 91 | n/a | -5.2% | 12.3% | 21.1% | n/a | n/a | n/a | 0.48 | n/a | -30.6% |
| 7 | Tata Silver ETF Fund of Fund | 90 | n/a | -8.4% | -7.9% | 72.6% | n/a | n/a | n/a | 1.11 | n/a | -37.6% |
| 8 | Tata Gold ETF Fund of Fund | 80 | n/a | 0.7% | -2.3% | 35.9% | n/a | n/a | n/a | 1.45 | n/a | -16.6% |
| 9 | Tata Nifty Realty Index Fund | 80 | n/a | 3.1% | 12.7% | -6.8% | n/a | n/a | n/a | -0.43 | n/a | -43.5% |
| 10 | Tata Nifty500 Multicap India Manufacturing 50 30 20 Index Fund | 68 | n/a | 0.4% | 7.0% | 2.9% | n/a | n/a | n/a | 0.08 | n/a | -21.3% |
| 11 | Tata Nifty Midcap 150 Index Fund | 67 | n/a | -0.8% | 8.1% | 3.9% | n/a | n/a | n/a | n/a | n/a | -13.9% |
| 12 | Tata Nifty Auto Index Fund | 51 | n/a | 0.2% | 5.7% | 0.5% | n/a | n/a | n/a | 0.08 | n/a | -28.4% |
| 13 | Tata Nifty200 Alpha 30 Index Fund | 48 | n/a | -1.7% | 7.4% | 1.3% | n/a | n/a | n/a | -0.53 | n/a | -29.5% |
| 14 | Tata Nifty500 Multicap Infrastructure 50 30 20 Index Fund | 33 | n/a | -3.3% | 4.2% | -0.0% | n/a | n/a | n/a | -0.21 | n/a | -22.5% |
| 15 | Tata BSE Select Business Groups Index Fund | 29 | n/a | -3.8% | 2.2% | -0.8% | n/a | n/a | n/a | -0.32 | n/a | -15.1% |
| 16 | Tata BSE Quality Index Fund | 27 | n/a | -3.8% | 2.6% | -2.8% | n/a | n/a | n/a | 0.19 | n/a | -11.7% |
| 17 | Tata Nifty Financial Services Index Fund (this page) | 13 | n/a | -3.4% | -2.1% | -4.0% | n/a | n/a | n/a | 0.01 | n/a | -17.4% |
| 18 | Tata Nifty India Tourism Index Fund | 5 | n/a | -1.3% | 4.6% | -18.9% | n/a | n/a | n/a | -0.59 | n/a | -31.1% |
| 19 | Tata Nifty Next 50 Index Fund | n/a | n/a | -1.6% | 7.6% | n/a | n/a | n/a | n/a | n/a | n/a | -14.4% |
| 20 | Tata BSE Multicap Consumption 50 30 20 Index Fund | n/a | n/a | 0.9% | 6.3% | n/a | n/a | n/a | n/a | n/a | n/a | -17.4% |
A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.
Cost & fund basics
| Detail | Value |
|---|---|
| Expense ratio (Direct) | 0.39% |
| Exit load | No exit load |
| Minimum investment | ₹5000 |
| Fund size (AUM) | ₹39 Cr |
| Age | 2.4 years |
| Plan / Option | Direct · Growth |
| Benchmark | NIFTY500 |
How Tata Nifty Financial Services Index Fund compares to peers
Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.
What these numbers mean
RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.
Tata Nifty Financial Services Index Fund review: the bottom line
Related
Frequently asked questions
Is Tata Nifty Financial Services Index Fund a good mutual fund?
That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Tata Nifty Financial Services Index Fund scores RS 13/99 within its category, and its worst drawdown was -17.38%. Compare those against your needs and the peer table above.
What is the NAV of Tata Nifty Financial Services Index Fund today?
The latest NAV is ₹11.9 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.
What is the expense ratio of Tata Nifty Financial Services Index Fund?
The Direct-plan expense ratio is 0.39% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.
Who is the fund manager of Tata Nifty Financial Services Index Fund?
Tata Nifty Financial Services Index Fund is managed by Rakesh Prajapati; Nitin Sharma.
Is Tata Nifty Financial Services Index Fund safe? How risky is it?
No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -17.38% - ₹1 lakh briefly becoming about ₹82,620. As a index & fof, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.
Is Tata Nifty Financial Services Index Fund tax-efficient / what about capital gains?
As a index & fof, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.
Direct or Regular plan - which is shown here?
All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.
See Tata Nifty Financial Services Index Fund live in the MF Terminal
Everything above is a static snapshot. The terminal is where you actually research it:
- Interactive price chart with EMAs & RSI
- The RS line plotted against its benchmark
- Full holdings, sector mix & portfolio overlap
- Point-in-time backtester & portfolio doctor
- Compare it side-by-side with any peer
- Screen 1,600+ funds on the same metrics
Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.