Taurus Bonanza Fund

Taurus Bonanza Fund is being managed by Sadanand Shetty. The fund has given a miserable performance. If you have invested in this fund exit the units now. 

Where does Taurus Bonaza Fund invest your money?

Taurus Bonanza Fund is a large and mid cap fund which means most of your money will be invested in stocks of large and medium size companies. Large cap companies tend to be stable compared to mid cap and small cap companies. Taurus Bonanza Fund has 16.71% exposure to mid size companies, 8.14% exposure to small size companies and 75.15% exposure to stocks of large companies.

Suitable for what?
  • Child's education
  • Child's marriage
  • Planning for retirement
  • Home Purchase
Not Suitable
  • Creating wealth
  • Lifestyle needs
  • Short term needs

 

How has Taurus Bonanza Fund performed in the past?

If you had invested Rs 1 lakh when the fund was launched at Feb 1995, your value of investments would be around Rs 4.17 lakhs. If you had invested Rs 1 lakh five years back it would have become Rs 0.92 lakhs. The fund has been giving at around -1.5% every year for those who stayed invested for the last 5 years.

Assume you had invested Rs 10,000 every month in Taurus Bonanza Fund through SIP for the past 5 years today you would have around Rs 7.03 lakhs.

Our recommendation for fresh investment
Not Recommended
Our recommendation for existing investment
Not Recommended
What charges apply?

If units are sold within a year an exit load of 1% is deducted from your total returns. No exit load applies for units withdrawn post one year. Expense ratio of Taurus Bonanza Fund is 2.95%. This is charged to recover the fund management company’s expenses on securities’ transactions, commissions, registrar fees, etc. Your mutual fund returns will be total returns less expense ratio.

What are the tax implications?

The returns in an equity mutual fund are absolutely tax free, provided you do not withdraw within 1 year. Taurus Bonanza Fund does not qualify for sec 80C ELSS benefits.

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