Fund Details
Taurus Nifty Index Fund Direct Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.91% |
| NAV | ₹29.06 (13 Apr 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹1 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 50 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 9.4% |
| HDFC Bank Ltd. | Financial | Equity | 8.1% |
| Infosys Ltd. | Technology | Equity | 7.6% |
| ICICI Bank Ltd. | Financial | Equity | 7.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 6.5% |
| Ultratech Cement Ltd. | Construction | Equity | 4.2% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.5% |
| ITC Ltd. | FMCG | Equity | 2.9% |
| Hindustan Unilever Ltd. | FMCG | Equity | 2.8% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.7% |
Fund Managers
Taurus Nifty Index Fund Direct Growth Details
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 ₹1 Cr and the Latest NAV as of 13 Apr 2021 is ₹29.06.
The Taurus Nifty Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 0.5%, if redeemed within 7 days.
Investment Objective
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.
Tax Implications
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.
