Taurus Nifty Index Fund Direct Dividend is a Others 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 Nifty Index Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹1 Cr and the Latest NAV as of 05 Dec 2019 is ₹21.91.
The Taurus Nifty Index Fund Direct Dividend is rated Moderately 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 replicate the S&P CNX Nifty Index by investing in securities of the CNX Nifty Index in the same proportion/weightage. However, there is no assurance or guarantee that the objectives of the scheme will be realized and the scheme does not assure or guarantee any returns.
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.