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3 star

Taurus Discovery (Midcap) Fund - Regular Plan


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 1.70 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.74 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 34.90 -0.47 0.16 7.96 8.81 23.74 60.43 19.41 16.13 15.97 18.40
S&P BSE 150 MidCap TRI 46.97 -0.85 0.67 9.10 13.33 29.24 86.38 22.55 17.97 18.90 18.58
Equity: Mid Cap 42.11 -0.65 0.33 8.27 13.12 28.47 78.04 21.67 15.70 16.37 19.19
Rank within category 28 8 18 21 32 31 28 16 8 13 14
Number of funds in category 30 33 33 33 33 32 30 23 20 20 18

As on 24-Sep-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 - Regular Plan
3 star
Sep-94 60.43 19.41 16.13 2.55 75
Kotak Emerging Equity Fund Regular Plan  | Invest Online
4 star
Mar-07 79.86 24.36 17.35 1.81 15,709
Axis Midcap Fund
5 star
Feb-11 72.00 25.77 21.07 1.84 14,804
DSP Midcap Fund - Regular Plan  | Invest Online
4 star
Nov-06 57.41 21.32 15.73 1.80 13,774
Nippon India Growth Fund  | Invest Online
4 star
Oct-95 84.20 25.04 17.64 1.90 11,322

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 29.55 15-May-2009 - 22-May-2009 -23.40 15-Jan-2008 - 22-Jan-2008
Month 52.04 11-May-2009 - 10-Jun-2009 -41.68 24-Sep-2008 - 24-Oct-2008
Quarter 103.38 09-Mar-2009 - 10-Jun-2009 -60.69 02-Sep-2008 - 02-Dec-2008
Year 170.18 03-Mar-1999 - 03-Mar-2000 -77.18 14-Jan-2008 - 13-Jan-2009

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 16.15 22.65 0.53 0.59 0.83 -0.27
S&P BSE 150 MidCap TRI 18.95 26.72 0.56 0.56 -- --
Equity: Mid Cap 18.61 24.45 0.60 0.64 0.89 1.27
Rank within category 19 5 16 16 6 16
Number of funds in category 24 24 24 24 24 24

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

As on 31-Aug-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 66
Top 10 Stocks (%) 27.44
Top 5 Stocks (%) 14.77
Top 3 Sectors (%) 51.16
Portfolio P/B Ratio 3.01
Portfolio P/E Ratio 21.97

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 22,192 28,737
Giant (%) -- 4.79
Large (%) 14.50 13.56
Mid (%) 72.54 76.29
Small (%) 12.95 7.74
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
down Tata Chemicals Chemicals 42.47 3.43 0.00 3.43
up Supreme Industries Chemicals 25.93 3.20 0.58 3.12
down Atul Chemicals 40.01 3.81 0.00 2.91
equal The Ramco Cements Construction 27.31 2.82 0.00 2.66
equal Galaxy Surfactants FMCG 36.18 2.93 0.00 2.65
equal Aditya Birla Fashion and Retail Services -- 2.75 0.00 2.61
down MindTree Technology 61.10 2.75 0.00 2.56
up Cholamandalam Investment & Finance Company Financial 33.32 2.54 0.00 2.54
equal Sundaram Finance Financial 22.68 2.51 0.58 2.51
down PI Industries Chemicals 62.50 4.67 0.00 2.45
up M&M Financial Services Financial -- 2.43 0.00 2.43
equal The Federal Bank Financial 10.54 5.12 0.00 2.33
equal Gujarat State Petronet Energy 9.52 3.48 1.25 2.30
equal Voltas Consumer Durable 71.89 2.92 0.00 2.27
up Solar Industries Chemicals 54.76 2.25 0.00 2.25
down Mphasis Technology 48.90 2.24 0.00 2.24
equal Coromandel International Chemicals 16.71 3.46 1.16 2.23
equal Astral Chemicals 93.14 2.15 1.06 2.15
equal City Union Bank Financial 18.13 3.47 0.72 2.12
down Jindal Steel & Power Metals 10.49 3.11 0.00 1.98
down Gujarat Gas Energy 25.23 2.20 0.00 1.82
up AIA Engineering Metals 32.34 1.95 0.97 1.70
up RBL Bank Financial -- 3.25 0.00 1.69
up Manappuram Finance Financial 8.17 2.06 0.00 1.68
up Oracle Fin Ser Software Technology 22.46 1.65 0.00 1.65

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-Aug-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:


-0.47%

Change from previous, NAV as on 24-Sep-2021

Growth: ₹ 73.7500

IDCW: ₹ 65.7500


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: 05-Sep-1994
Return Since Launch: 7.66%
Benchmark: NIFTY Midcap 100 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 75 Cr (As on 31-Aug-2021)
Expense: 2.55% (As on 31-Aug-2021)
Risk Grade: Below Average
Return Grade: Average
Turnover: 97.00%

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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