Taurus Ethical Fund

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.

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Read this article to learn about the Taurus Ethical Fund in detail.

About Taurus Ethical Fund

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.

Overview of Taurus Ethical Fund

Particulars Details
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.
Fund Options
  • Regular Growth
  • Direct Growth
Net Asset Value (as of 09 October 2023)
  • Taurus Ethical Fund Regular-Growth NAV: Rs. 97.72
  • Taurus Ethical Fund Direct-Growth NAV: Rs. 107.60
Asset Allocation
  • Domestic Equities: 99.14%
  • Debt Securities: 0.00% 
  • Other Holdings: 0.86%
Market Cap Allocation
    • Large Cap: 47.40%
    • Mid Cap: 21.48%
    • Small Cap: 16.99%
  • Others: 13.273%
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
Expense Ratio
  • 2.42% (as of 31 August 2023)
  • Lower than the category average of Bluechip Funds of 2.16%
Exit Load
  • If you sell it within 365 days: 1%
  • If exit after 1 year: NIL

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

Top Holdings of Taurus Ethical Fund

Name of  Holdings % of Total Holdings
Top 5 Equity Holdings (99.14%)
Infosys Ltd. 6.43%
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%)
Net Receivables 0.86%

Top 10 Sector Allocations of Taurus Ethical Fund

Sector % of Total Holdings
Technology 24.10%
Healthcare 12.60%
Metals & Mining 12.0%
Energy 11.80%
Services 9.80%
Others 8.70%
Automobile 8.50%
Construction 6.30%
Chemicals 6.20%

Taurus Ethical Fund Returns

Investment Period Annualised Returns (Direct)
1-Year 14.66%
3-Year 18.62%
5-Year 16.28%
10-Year 15.79%
Returns Since Inception (RSI) 15.09%

*Fund NAV as of 31 August 2023

Documents Required to Invest in Taurus Ethical Fund

The documents required to invest in Taurus Ethical Fund are listed below:

  • Bank account statement

  • PAN card

  • KYC (Know Your Customer) documents

    • Passport

    • Aadhaar card

    • Voter ID card

    • Driving license 

  • Address Proof

    • Passport

    • Utility bill

    • Rental agreement

  • NRI/ OCI/ PIOs Documents

    • Overseas Address Proof

    • Valid NRI/ PIO Card

    • Valid Visa

    • NRE/ NRO Account Details

Steps to Invest in Taurus Ethical Fund

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.

Estimate Taurus Ethical Fund Returns with SIP Calculator

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:

  • Investment Amount

  • SIP Frequency (Monthly/ Quarterly/ Annually)

  • Investment Period

  • Expected Return

The calculator will automatically show you the total returns generated over the investment period.

FAQ's

  • What is the return rate of the Taurus ethical fund?

    The return rate of the Taurus Ethical Fund varies depending on the time period considered. 

    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%

  • What is Taurus ethical fund?

    Taurus Ethical Fund is a Shariah-compliant equity mutual fund offered by Taurus Mutual Fund. The fund invests in companies that comply with Islamic principles and values. This means that the fund avoids investing in companies that are involved in activities such as alcohol production, gambling, and conventional banking.
  • Is Taurus Ethical Fund Shariah compliant?

    Yes, Taurus Ethical Fund is a Shariah-compliant mutual fund. It is certified as Shariah-compliant by the Shariah Supervisory Board of Taurus Mutual Fund, which is a body of Islamic scholars who ensure that the fund's investments comply with Islamic principles and values.
  • Is Taurus mutual fund good?

    Taurus Mutual Fund is a small asset management company (AMC) with a total assets under management (AUM) of over ₹620 crores. The company offers a range of mutual fund schemes, including equity, debt, and hybrid schemes. Taurus Mutual Fund is a good choice for investors who are looking for well-managed mutual funds with low expense ratios.

*All savings are provided by the insurer as per the IRDAI approved insurance plan.
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.

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