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Taurus Tax Shield Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.36 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.05 Lakh

Analyst's Choice?

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. In addition, you get tax exemption on the invested amount under Section 80C of the Indian income tax laws. As per this section, total investments of upto Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.

But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.

Like 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 ELSS, if you need to redeem your investment in less than five 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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 1.60 -1.62 -0.69 -0.54 2.98 14.59 11.47 10.88 8.27 12.11 10.68
S&P BSE 500 TRI -1.15 -2.01 -1.35 -3.30 0.86 11.31 10.62 9.51 7.81 12.61 10.65
Equity: ELSS 0.71 -1.71 -0.80 -1.99 2.45 13.26 12.69 7.93 7.17 13.39 11.43
Rank within category 12 14 10 6 13 11 17 6 8 17 16
Number of funds in category 32 32 32 32 32 31 30 28 25 23 22

As on 24-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 25.55 (15-May-2009 - 22-May-2009) -21.35 (05-Mar-2001 - 13-Mar-2001)
Month 45.13 (11-May-2009 - 10-Jun-2009) -38.04 (09-May-2006 - 08-Jun-2006)
Quarter 87.42 (09-Mar-2009 - 10-Jun-2009) -54.91 (22-Feb-2000 - 23-May-2000)
Year 170.10 (24-Feb-1999 - 24-Feb-2000) -56.50 (13-Mar-2000 - 13-Mar-2001)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 12.22 12.15 0.54 0.78 0.91 0.87
S&P BSE 500 TRI 11.88 12.82 0.48 0.72 -- --
Equity: ELSS 10.46 13.00 0.37 0.53 0.95 -1.09
Rank within category 11 7 9 7 13 10
Number of funds in category 34 34 34 34 34 34

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

As on 31-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 58
Top 10 Stocks (%) 41.70
Top 5 Stocks (%) 26.52
Top 3 Sectors (%) 56.57
Portfolio P/B Ratio 3.68
Portfolio P/E Ratio 27.75

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,09,230 90,653
Giant (%) 57.80 50.67
Large (%) 8.58 15.11
Mid (%) 26.98 25.96
Small (%) 6.63 8.61
Tiny (%) -- 0.26

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 ICICI Bank Financial 36.13 8.57 1.65 6.81
down HDFC Bank Financial 25.23 8.24 5.00 6.05
down Reliance Industries Energy 21.12 7.97 3.41 5.52
down HDFC Financial 18.18 6.18 3.28 4.16
down Tata Consultancy Services Technology 24.50 5.55 0.77 3.98
down Larsen & Toubro Construction 18.10 6.70 2.60 3.34
down Infosys Technology 20.72 5.45 0.57 3.26
down Kotak Mahindra Bank Financial 36.78 5.15 0.00 3.12
down State Bank of India Financial 24.53 4.49 0.00 2.89
down Bajaj Finserv Financial 37.59 3.26 0.00 2.57
down Bajaj Finance Financial 53.00 2.55 0.00 2.31
down Axis Bank Financial 42.77 5.05 0.00 2.12
down ITC FMCG 16.65 6.42 1.91 1.91
down HDFC Life Insurance Financial 83.83 3.57 0.00 1.84
down Hindustan Unilever FMCG 70.51 3.47 0.00 1.83
up Oberoi Realty Construction 31.70 1.66 0.00 1.66
down Trent Services 267.42 2.20 0.00 1.59
up INOX Leisure Services 35.02 1.48 0.00 1.48
down ICICI Prudential Life Insurance Co. Ltd. Financial 60.84 1.57 0.00 1.44
down Voltas Cons Durable 47.72 1.83 0.00 1.44
up Info Edge (India) Services -- 1.42 0.00 1.42
down HDFC Asset Management Company Financial 54.17 2.35 0.00 1.42
up SBI Life Insurance Company Financial 67.92 1.39 0.00 1.39
up Godrej Properties Construction 86.08 2.16 0.00 1.34
new Alembic Pharmaceuticals Healthcare 16.84 1.34 0.00 1.34

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-Jan-2020

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:


-1.62%

Change from previous, NAV as on 24-Feb-2020

Growth: ₹ 82.5600

Dividend: ₹ 38.6800


Investment Strategy

The scheme seeks long term capital appreciation. The scheme would take around 80-85 per cent exposure to equity, while exposure to bonds and money market instruments would be up to 20 per cent of the corpus. The scheme was made open-ended in February 2001.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Taurus Mutual Fund
Launch Date: 31-Mar-1996
Return Since Launch: 11.15%
Benchmark: S&P BSE 200 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 68 Cr (As on 31-Jan-2020)
Expense: 2.48% (As on 31-Jan-2020)
Risk Grade: Below Average
Return Grade: Average
Turnover: 177.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend30-Mar-20111.2500

 28-Feb-20111.2500
 24-Dec-20102.0000
 26-Mar-20102.2500
 26-Feb-20102.0000
 11-Jan-20101.5000
 30-Nov-20091.0000
 06-Mar-20091.0000
 23-Jan-20091.0000
 19-Dec-20081.0000
Growth23-Dec-20053.5000

 27-Feb-20041.6000
 26-Sep-20031.1000

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: 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

Upcoming Video

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Time to bet big on mid- and small-cap funds?

dateFriday, 28-Feb-2020
time12:30 PM - 01:00 PM