Taurus Discovery Fund

Taurus Discovery Fund is being managed by Sadanand Shetty. The fund’s performance has been miserable. If you have invested in this fund exit now and save from further losses.

Where does Taurus Discovery Fund invest your money?

Taurus Discovery Fund is a small and mid cap fund which means most of your money will be invested in stocks of small and medium sized companies. About 53.09% of the fund’s money is allocated to stocks of mid sized companies, 25% to stocks of small sized companies and the remaining to those of large companies. Mid sized stocks can give kicker returns as they turn into large stocks but this happens not so frequently.

Suitable for what?
  • Creating wealth
  • Lifestyle needs
Not suitable for?
  • Child's education
  • Child's marriage
  • Planning for retirement
  • Home Purchase
How Taurus Discovery Fund has performed in the past?

If you had invested Rs 1 lakh when the fund was launched at Sep 1994, your value of investments would be around Rs 1.62 lakhs. If you had invested Rs 1 lakh five years back it would have dropped to Rs 0.68 lakhs. The performance has been worse than other small and mid cap mutual funds. The fund has been giving at around -7.34% every year for those who stayed invested for last 5 years.

Assume you had invested Rs 10,000 every month in Taurus Discovery Fund through SIP for the past 5 years today you would have around Rs 7.48 lakhs.

Our recommendation for fresh investment
Not Recommended
Our recommendation for existing investment
Not Recommended
What are the charges applicable?

If units are sold within 179 days an exit load of 1% is deducted from your total returns. No exit load applies for units withdrawn thereafter. Expense ratio of Taurus Discovery Fund is 2.85%. 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 Discovery Fund does not qualify for sec 80C ELSS benefits.

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