The Taurus Ethical Fund is a socially responsible investment option offered by Taurus Mutual Fund House that aims to align financial goals with ethical principles. This equity fund has the S&P BSE Shariah Index as the benchmark. This fund is designed for investors who seek to grow their wealth while supporting companies that demonstrate a commitment to environmental sustainability, social responsibility, and ethical governance.
Guaranteed Tax SavingsUnder sec 80C & 10(10D)
₹1 CroreInvest ₹10k per month*
Zero LTCG TaxUnlike 10% in Mutual Funds
Top performing plans with High Returns*
Invest ₹10K/month & Get ₹1 Crore returns*
Invest For (in Years)
Stay invested for (in Years)
Expected rate of return (in %)
Read this article to learn about the Taurus Ethical Fund in detail.
Taurus Ethical Fund is an equity mutual fund launched by Taurus Mutual Fund on 06 April 2009. It is a Shariah-compliant fund, which means that it invests in companies that comply with Islamic law. This means the fund avoids investing in companies that are involved in activities such as alcohol production, gambling, and conventional banking.
The current Assets Under Management (AUM) of Taurus Ethical Fund is up to Rs. 108.85 crores with the Net Asset Value (NAV) of Rs. 107.60.
This fund is ideal for experienced investors who are well-versed in macro trends and seek higher returns through selective investments.
|Fund Name||Taurus Ethical Fund|
|Fund House||Taurus Mutual Fund|
|Launched On||06 April 2009|
|Asset Under Management (AUM)||Rs. 108.85 crores|
|Benchmark Index||S&P BSE 500 Shariah TRI|
|Risk Category||Very High|
|Investment Objective||to grow capital and provide income to investors by investing in a diversified portfolio of Sharia-compliant equities.|
|Net Asset Value (as of 09 October 2023)||
|Market Cap Allocation||
|Systematic Investment Plan (SIP)||Available from Rs. 500|
|Minimum Lump Sum Investment Amount||Rs. 500|
|Minimum Additional Investment Amount||Rs. 500|
|Lock- in||No Lock-in Period|
|Fund Manager||Anuj Kapil|
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
|Name of Holdings||% of Total Holdings|
|Top 5 Equity Holdings (99.14%)|
|Reliance Industries Ltd.||5.86%|
|HCL Technologies Limited||5.75%|
|Mishra Dhatu Nigam Ltd.||5.24%|
|Tata Consultancy Services Ltd.||4.70%|
|Other Cash Holdings (0.86%)|
|Sector||% of Total Holdings|
|Metals & Mining||12.0%|
|Investment Period||Annualised Returns (Direct)|
|Returns Since Inception (RSI)||15.09%|
*Fund NAV as of 31 August 2023
The documents required to invest in Taurus Ethical Fund are listed below:
Bank account statement
KYC (Know Your Customer) documents
Voter ID card
NRI/ OCI/ PIOs Documents
Overseas Address Proof
Valid NRI/ PIO Card
NRE/ NRO Account Details
Investing in the Taurus Ethical Fund is straightforward and involves these simple steps:
Complete KYC: Ensure your KYC (Know Your Customer) documentation is in order. This includes providing identity and address proof.
Choose Investment Method: Decide on your investment method - individual, joint, corporate, etc.
Fill Application Form: Complete and sign the application form provided by Taurus Mutual Fund.
Provide Bank Details: Furnish your bank account details along with proof, such as a cancelled cheque or bank statement.
Submit Documents: Submit the required documents, including your PAN card, Aadhar card, photograph, and any additional documents as needed.
Investment Amount: Determine the amount you wish to invest in the fund.
Make Payment: Transfer the chosen investment amount to the fund as per their specified payment methods.
Monitor Your Investment: Keep an eye on the performance of your investment in the Taurus Ethical Fund.
You can also use a SIP calculator or a mutual fund calculator to calculate the returns from your investments in Taurus Ethical Fund.
All you need to do is enter the following details in an SIP Calculator:
SIP Frequency (Monthly/ Quarterly/ Annually)
The calculator will automatically show you the total returns generated over the investment period.
The annualised returns of Taurus Ethical Fund since its inception are as follows:
1 year: 14.66%
3 years: 18.62%
5 years: 16.28%
10 years: 15.79%
Since launch: 15.09%
*All savings are provided by the insurer as per the IRDAI approved insurance
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
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