Taurus Ethical Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Taurus Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Prasanna Pathak is the Current Fund Manager of Taurus Ethical Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹42 Cr and the Latest NAV as of 05 Dec 2019 is ₹36.79.
The Taurus Ethical Fund Direct Dividend is rated High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 365 days..
The investment objective of the scheme is 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. The scheme may also invest a certain portion of the corpus in money market instruments in order to meet liquidity requirements from time to time.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 365 days.