Taurus Ethical Fund

Taurus Ethical Fund is managed by Abinav Sharma. To provide capital appreciation and income distribution to unit holders through investment in a diversified portfolio of equities, which are based on the principles of Shariah. New investors can safely skip this fund. Existing investors can exit the fund and new investors can skip the fund for a better performing funds in this category.

Where does Taurus Ethical Fund invest your money?

Taurus Ethical Fund is an equity oriented large cap fund. About 69.91% of the fund’s money is allocated to stocks of large sized companies, 22.04% to stocks of mid-sized companies and 8.05% to those of small companies. Large cap companies are stable compared to mid cap and small cap companies yet mid cap stocks are not avoided due to prospects of kicker returns.

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

If you had invested Rs 1 lakh when the fund was launched in April 2009, your value of investments would be around Rs 2.26 lakhs. The performance has been better or similar to other large cap mutual funds. The fund has been giving around 21.53% returns to those who have stayed invested since inception.

Assume you had invested Rs 10,000 every month in Taurus Ethical Fund through SIP since inception today you would have around Rs 5.23 lakhs.

Our recommendation for fresh investment
Not Recommended
Our recommendation for existing investment
Not Recommended
When to exit?

Withdraw when your goals are close to achievement. Do not remove the money when the markets go up or down. Do not panic. Stick to your goals.

How frequently you need to monitor the performance?

Once you invest in the fund do not get into the habit of checking the NAV daily or monthly. Review the performance once a year. Too much attention is not good.

What are the charges applicable?

A onetime fee of Rs 100 is charged on investments over Rs 10, 000 made through distributors. If you are a first time investor in mutual funds an additional Rs 50 is charged to cover KYC expenses. This is deducted from your investment and can be skipped if you buy directly from the mutual fund via their website or offices.

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 No exit load applies for units withdrawn post one year.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 Ethical Fund is 2.88%. 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 a mutual fund are absolutely tax free, provided you do not withdraw within 1 year. 

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