| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.93% |
| NAV | ₹23.58 (22 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹3 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Yes Bank Ltd. | Financial | Equity | 68.6% |
| Reliance Industries Ltd. | Energy | Equity | 13.5% |
| Infosys Ltd. | Technology | Equity | 8.7% |
| HDFC Bank Ltd. | Financial | Equity | 7.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.2% |
| ICICI Bank Ltd. | Financial | Equity | 5.7% |
| Ultratech Cement Ltd. | Construction | Equity | 4.1% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.0% |
| ITC Ltd. | FMCG | Equity | 2.9% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.8% |
Taurus Nifty Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Taurus Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Prasanna Pathak is the Current Fund Manager of Taurus Nifty Index Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹3 Cr and the Latest NAV as of 22 Oct 2020 is ₹23.58.
The Taurus Nifty Index Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 0.5%, if redeemed within 7 days.
The objective of the scheme is to replicate the Nifty 50 Index by investing in securities of the Nifty 50 Index in the same proportion/weightage.
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.