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3 star

Taurus Discovery (Midcap) Fund - Direct Plan


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 1.73 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.41 Lakh

Suitability:

"When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.

This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other mid-cap fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 30.30 -1.14 -3.31 -5.16 2.58 8.26 36.37 20.10 17.32 14.51 --
S&P BSE 150 MidCap TRI 44.88 -0.99 -2.08 -1.97 6.16 16.13 51.64 23.90 19.15 17.17 --
Equity: Mid Cap 41.15 -0.94 -2.33 -2.49 5.31 16.59 49.18 23.62 18.13 15.72 --
Rank within category 25 24 30 31 26 30 25 17 12 16 --
Number of funds in category 27 31 31 31 30 30 27 23 20 19 0

As on 29-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Taurus Discovery (Midcap) Fund - Direct Plan
3 star
Jan-13 36.37 20.10 17.32 2.17% 78
Kotak Emerging Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 49.86 26.40 19.95 0.52% 16,485
Axis Midcap Fund - Direct Plan
5 star
Jan-13 45.12 27.62 24.24 0.46% 15,988
DSP Midcap Fund - Direct Plan  | Invest Online
4 star
Jan-13 29.20 21.20 16.94 0.77% 14,190
Nippon India Growth Fund - Direct Plan  | Invest Online
4 star
Jan-13 51.26 24.86 19.38 1.04% 11,919

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 9.84 15-May-2014 - 22-May-2014 -17.52 16-Mar-2020 - 23-Mar-2020
Month 24.19 07-May-2014 - 06-Jun-2014 -32.80 20-Feb-2020 - 23-Mar-2020
Quarter 34.41 10-Mar-2014 - 09-Jun-2014 -25.79 23-Dec-2019 - 23-Mar-2020
Year 95.30 03-Sep-2013 - 03-Sep-2014 -24.32 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 22.98 21.39 0.89 0.96 0.84 0.28
S&P BSE 150 MidCap TRI 26.37 24.99 0.90 0.94 -- --
Equity: Mid Cap 25.72 23.06 0.95 0.98 0.90 1.68
Rank within category 18 5 15 15 6 16
Number of funds in category 23 23 23 23 23 23

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Oct-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 62
Top 10 Stocks (%) 29.78
Top 5 Stocks (%) 16.05
Top 3 Sectors (%) 53.97
Portfolio P/B Ratio 3.06
Portfolio P/E Ratio 22.69

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 23,997 29,713
Giant (%) -- 5.01
Large (%) 13.63 14.39
Mid (%) 78.89 75.05
Small (%) 7.49 6.86
Tiny (%) -- 0.20

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Supreme Industries Chemicals 23.20 3.36 0.58 3.36
up Aditya Birla Fashion and Retail Services -- 3.32 0.00 3.32
down Tata Chemicals Chemicals 32.46 3.67 0.00 3.21
up M&M Financial Services Financial -- 3.16 0.00 3.13
up Cholamandalam Investment & Finance Company Financial 28.06 3.03 0.00 3.03
up Atul Chemicals 37.20 3.81 0.00 2.91
equal The Federal Bank Financial 10.27 5.12 0.00 2.85
up The Ramco Cements Construction 19.87 2.82 0.00 2.82
equal Voltas Consumer Durable 66.00 2.92 0.00 2.58
down Solar Industries Chemicals 69.18 2.82 0.00 2.57
down MindTree Technology 53.24 2.75 0.00 2.56
equal Galaxy Surfactants FMCG 35.75 2.93 0.00 2.54
down City Union Bank Financial 16.93 3.47 0.98 2.34
equal Sundaram Finance Financial 22.60 2.51 0.58 2.21
up Astral Chemicals 83.17 2.21 1.06 2.21
equal RBL Bank Financial -- 3.25 0.00 2.14
equal Manappuram Finance Financial 7.94 2.09 0.00 2.09
down Mphasis Technology 42.50 2.24 0.00 1.99
down Coromandel International Chemicals 16.06 3.46 1.16 1.98
down Jindal Steel & Power Metals 5.26 3.11 0.00 1.89
down PI Industries Chemicals 56.64 4.67 0.00 1.88
down Gujarat State Petronet Energy 9.44 3.48 1.25 1.87
down Central Depository Services Financial 56.10 1.80 0.00 1.76
up Shriram Transport Finance Company Financial 15.51 1.57 0.00 1.57
equal Gujarat Gas Energy 30.95 2.20 0.00 1.50

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Oct-2021

Fund Manager

— Prasanna Pathak since 01-Jul-2017

Education: Mr. Pathak is B.Tech and MBA in Finance.

Experience: Prior to joining Taurus Mutual Fund, he had worked as Asst.Fund Manager and Equity Analyst in the Department of Fund Management with UTI AMC for more than 4 yrs. and with HLL-Unilever for about 2 yrs. as All India Officer.

Funds Managed:


-1.14%

Change from previous, NAV as on 29-Nov-2021

Growth: ₹ 73.9300

IDCW: ₹ 65.6800


Investment Strategy

The Scheme seeks to achieve long term capital appreciation by investing in a portfolio consisting of equity and equity related securities predominantly of mid cap companies.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Taurus Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 17.32%
Benchmark: NIFTY Midcap 100 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 78 Cr (As on 31-Oct-2021)
Expense: 2.17% (As on 31-Oct-2021)
Risk Grade: Below Average
Return Grade: Average
Turnover: 99.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW16-Dec-20163.5000

Contact Information

AMC: Taurus Asset Management Company Ltd

Address: Ground Floor - AML Centre-1, 8 Mahal Industrial Estate, Mahakali Caves Road, Andheri (E), Mumbai - 400093

Phone: 022-66242700 / 1800-108-1111

Fax: 022-66242777

Email: [email protected]

Website: http://www.taurusmutualfund.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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