There are 5 types of mutual funds offered by Taurus Asset Financial services. Under each category there are multiple schemes. To describe each category, below is the quick guide.
Equity Funds: These funds make investment in equity markets, while small portions of investments are done in bonds, notes and other securities. This is also known as Stock Funds, as the investments are done in stock exchange. Here, the risk is either high or low depending upon the market conditions.
ELSS: This is a type of Equity Linked Saving Scheme. The schemes under this scheme often yield high returns, and the risk involved here is also quite high. This is also called as Taurus Tax Shield.
Liquid Schemes: This Taurus Liquid Fund is a short-term profitable scheme for the investors. Here, the investments are made in treasury bills and commercial papers.
Equity Funds by Taurus Asset Mutual Fund
Taurus Large Cap Equity Fund
This is an open-ended equity scheme which has a benchmark as S&P BSE 100 TRI. If the investment is redeemed before 7days of allotment, then 0.50% is charged as an exit load, if exited on or before 7 days. In this, the minimum investment should be Rs. 5000 and high risk is involved in this scheme.
Investment objective: Here, the aim is to create capital growth for the investors and to invest in different equity instruments.
Suitable for: Those who want to invest in equity & equity related instruments with focus on large cap stocks.
Taurus Discovery Mid Cap Fund
This equity scheme is open ended type with Nifty Mid Cap 100 TRI as a benchmark. If the investment is redeemed before 180 days of allotment, then 0.50% is charged as an exit load; otherwise it’s non-chargeable. Here, the risk is moderately high.
Investment objective: Here, the aim is to generate capital growth by investing in under-valued equity and equity related securities of mid cap companies in a long-term basis.
Suitable for: Those who want capital growth and who are willing to invest in mid cap companies, they can go for this scheme.
Taurus Ethical fund
This equity scheme is of open ended type, which focuses on investment in equity related securities of companies compliant with Sariah norms of diverse portfolio. It has a benchmark as S&P BSE 500 Shariah Index. In this, the minimum investment should be Rs. 5000 and high risk is involved in this scheme. If the investment is redeemed before 180 days of allotment, then 0.50% is charged as an exit load; otherwise it’s non-chargeable.
Investment objective: Here, the aim is to create capital growth for the investors and to invest in different equity instruments of companies compliant with Sariah norms of diverse portfolio.
Suitable for: This scheme is suitable for them who want to go for the investment in medium to long term mutual funds.
Taurus Infrastructure fund
This is an open ended equity scheme with Nifty Infrastructure Index TRI as a benchmark. If the investment is redeemed before 7 days of allotment, then 0.50% is charged as an exit load. In this, the minimum investment should be Rs. 5000 and the high risk is involved in this scheme.
Investment objective: The scheme aims for capital appreciation by making investments in equity and equity related instruments of infrastructure companies.
Suitable for: Those who want to get high returns upon their long-term investment and are willing to take high risks.
Taurus Nifty Index fund
This is an open ended equity scheme with Nifty 50 TRI as a benchmark. Here, the risk is comparatively low. In this, the minimum investment should be Rs. 5000. If the investment is redeemed before 180 days of allotment, then 0.50% is charged as an exit load, otherwise it’s non-chargeable.
Investment objective: The objective of the scheme is to replicate the benchmark index by contributing to the top 50 companies’ stock and strategy being investing in the same weightage closest to the stocks in the CNX nifty index.
Suitable for: These funds are suitable for those who want appreciation in capital with moderate risk by investing in the stocks of top 50 companies in India. It is worth mentioning that these kinds of stocks are good for beginners and have little knowledge about investments.
Taurus Starshare MultiCap fund
These schemes involve moderately high risks and are of benchmark index S&P BSE 500 TRI. Though there is no entry load, if the investors quit the investment plan within 180 days of enrollment, 0.5% exit load is chargeable on the NAV.
Investment objective: The objective of the scheme is to appreciate the capital over a long period by investing in a diverse set of portfolio for small to medium sized firm in equity and related stuffs. Another objective is to maximize the return at the same time minimizing the risks involved.
Suitable for: These types of schemes are suitable for those who want to have a high return from investing in a diverse portfolio of small and medium sized firm and equity related stuffs involving high risk tolerance.
Taurus Banking and Financial services fund
These types of funds involve high risk and have a benchmark index S&P BSE bankex TRI. Though there is no entry load, if the investor quits the investment plan within 7 days of enrollment, 0.5% exit load is chargeable on the NAV.
Investment objective: The objective of the scheme is to have long-term appreciation in capital through investment in equity and related stuffs for financial and banking industries.
Suitable for: These types of funds are suitable for those who want to generate returns from high risk investments in banking and financial institutions in India.
