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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.
Investment Plans
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Guaranteed Tax Savings
Under sec 80C & 10(10D) -
₹1 Crore
Invest ₹10k per month* -
Zero LTCG Tax
In-built life cover
Top performing plans with High Returns**
Invest ₹10K/month & Get ₹1 Crore returns*
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Mutual Funds in India
- Taurus Ethical Fund
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 |
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| Net Asset Value (as of 09 October 2023) |
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| Asset Allocation |
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| Market Cap Allocation |
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| 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 |
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| Exit Load |
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*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:
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Bank account statement
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PAN card
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KYC (Know Your Customer) documents
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Passport
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Aadhaar card
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Voter ID card
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Driving license
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Address Proof
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Passport
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Utility bill
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Rental agreement
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NRI/ OCI/ PIOs Documents
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Overseas Address Proof
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Valid NRI/ PIO Card
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Valid Visa
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NRE/ NRO Account Details
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Steps to Invest in Taurus Ethical Fund
Investing in the Taurus Ethical Fund is straightforward and involves these simple steps:
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Complete KYC: Ensure your KYC (Know Your Customer) documentation is in order. This includes providing identity and address proof.
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Choose Investment Method: Decide on your investment method - individual, joint, corporate, etc.
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Fill Application Form: Complete and sign the application form provided by Taurus Mutual Fund.
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Provide Bank Details: Furnish your bank account details along with proof, such as a cancelled cheque or bank statement.
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Submit Documents: Submit the required documents, including your PAN card, Aadhar card, photograph, and any additional documents as needed.
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Investment Amount: Determine the amount you wish to invest in the fund.
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Make Payment: Transfer the chosen investment amount to the fund as per their specified payment methods.
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Monitor Your Investment: Keep an eye on the performance of your investment in the Taurus Ethical Fund.
Types of Funds
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:
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Investment Amount
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SIP Frequency (Monthly/ Quarterly/ Annually)
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Investment Period
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Expected Return
The calculator will automatically show you the total returns generated over the investment period.
FAQ's
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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:
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1 year: 14.66%
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3 years: 18.62%
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5 years: 16.28%
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10 years: 15.79%
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Since launch: 15.09%
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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
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
^^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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