Taurus Ethical Fund - Growth Option - Regular - Latest NAV [ ₹81 ], Returns, Performance, Portfolio & Returns 2021

Taurus Ethical Fund - Growth Option

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Fund Summarystar

PeriodReturns(per year)
10 Years13.21%
5 Years14.9%
3 Years16.68%
1 Year51.15%
6 Months17.72%
Fund Details
RiskVery High Risk
Fund TypeEquity - Other
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Net Receivable / Payable6.6%
Infosys Ltd6.09%
Tata Consultancy Services Ltd5.4%
Shree Cement Ltd Shs Dematerialised2.92%
Voltas Ltd Shs Dematerialised2.59%
Ramco Cements Ltd2.39%
Maruti Suzuki India Ltd2.26%
Tata Consumer Products Ltd2.23%
Atul Ltd2.03%
Coromandel International Ltd2.02%

About Taurus Ethical Fund

The Taurus Ethical Fund is an open-ended equity scheme. It seeks to generate long-term capital appreciation and income distribution to unitholders by investing in a diversified portfolio of equity and equity-related instruments which are based on the principles of Shariah.

Pros & Cons of Taurus Ethical Fund

  • This is the first actively-managed Shariah compliant scheme in India. It invests in stocks from the BSE/NSE or foreign equities which are based on the principles of Shariah.
  • Further, the fund manager identifies the stocks from the universe available from the S&P BSE 500 Shariah Index. As on September 30, 2018, the scheme is not ranked under CRISIL’s Sectoral/ Thematic Fund category.
  • Further, it has generated returns of 13.24% per year over the 5 last years (as on January 16, 2019).

Fund Information and Statistics of Taurus Ethical Fund

i) Inception / Launch Date

The scheme was launched on 06 April 2009 by Taurus Mutual Fund.

ii) Risk Level

According to the investment objective and asset allocation of the scheme, it has a High risk-level associated with it.

iii) Redemption

The redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

iv) Fund Manager(s)

Mr. Prasanna Pathak is the Fund Manager of the Taurus Ethical Fund.

v) Entry / Exit Load

There is no entry load in this scheme. The exit load structure is as follows:

  • If the units are redeemed after the completion of 180 days from the date of allotment of the said units, then the exit load = Nil
  • If the units are redeemed within 180 days from the date of allotment of the said units, then the exit load = 0.50% of the applicable NAV

Tax benefits of investing in Taurus Ethical Fund

The following taxes are applicable to income arising from investing in this scheme:

  • STCG tax (units are held for a period of less than 12 months) of 15 percent on redemption of units.
  • LTCG (units are held for a period of more than 12 months), in excess of Rs 1 Lakh, is taxed at 10 percent without indexation benefits on the redemption of units.

About Taurus Mutual Fund

Taurus Mutual Fund was established in 1993 and launched its first scheme in early 1994. It was one of the first fund houses to receive permission to launch fully repatriable investments by NRIs/FIIs. The fund house offers investment solutions across all investor segments. Based on years of experience, expertise, market knowledge, and research, it offers innovative schemes to investors.

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Frequently Asked Questions

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Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Very High Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns