Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option

Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option

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Equity
Direct
Mid-Cap
NAV: ₹ 120.62 as on 12-04-2024
Fund Performance
zero opening, trading, fund transfer fee
58 people have invested ₹ 1.2L in Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option in the last three months

Mutual Fund Insights

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This fund expense ratio is slightly on the higher side within the category (mid-cap). Its expense ratio is 2.16% which is higher than the category average expense ratio of 1.17%.
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In the last 3 years, Motilal Oswal Midcap Direct Growth has given 39.22% return, outperforming this fund by 14.57% per annum.
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In the last 1 year, Quant Mid Cap Fund Growth Option Direct Plan has given 70.86% return, outperforming this fund by 16.48%.
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In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 32.96% return, outperforming this fund by 10.95% per annum.

INDmoney Rank of Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option

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IND ranking is not available for this fund.

Pros

Beats FD returns for both 3Y & 5Y duration

Cons

3Y returns in the bottom 25% of the category

About the Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option

Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Hardik Shah. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option has ₹117 Cr worth of assets under management (AUM) as on Feb 2024 and is less than category average.
  2. The fund has an expense ratio 2.2.

Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option Overview

Expense ratio
Expense ratio
2.16%
Benchmark
Benchmark
S&P BSE Midcap TR INR
AUM
AUM
₹117 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
112.14%

Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option Distribution as on (29-Feb-24)

  • Equity 96.8%

  • Debt & Cash 3.2%

Size breakup

Mid cap
68.5%
Small cap
24.8%
Large cap
3.4%
Sector Allocation

Feb'24

Jan'24

Dec'23

Financial Services
25.6%
Consumer Cyclical
24.1%
Basic Materials
20.1%
Industrial
9.8%
Tech
7.1%
Communication
5%
Consumer Defensive
3.2%
Utilities
2.1%
Energy
1.6%
Real Estate
1.5%

Top Holdings of Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option as on (31-Mar-24)

  • Equity

Equity Holdings54

Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option: Monthly Changes Updates

All changes are between Dec'23 and Feb'24
Fund Performance
Feb'24
Jan'24
Dec'23
Fund Returns
-1.52%
5.21%
5.46%
Nifty Midcap 150
0.27%
4.14%
6.04%
  • This fund’s returns stands at -1.52% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at 0.27% as on Feb'24
  • This fund underperformed Nifty Midcap 150 by 1.79% in Feb'24
AUM Change
Parameters
Feb'24
Jan'24
Dec'23
AUM
₹ 119.3 Cr
₹ 119.3 Cr
₹ 112.7 Cr
  • AUM of the fund stands at 119.3 Cr as of Feb'24
  • AUM has remained same between Feb'24 and Jan'24
Fund Portfolio Changes

Gainers & Losers in Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option portfolio Returns for the month of Feb

Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option Fund Manager

Hardik Shah
Hardik Shah
Fund Manager of Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option, since 23 May 2022

Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 18.55% since inception which is less than its category average return of 19.02%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.76% in Equity, 0% in Debt and 3.24% in Cash related instruments
AUM size ₹117 Cr

AUM size ₹117 Cr

This fund has AUM of ₹117 Cr which is less than its category average of ₹ 7331 Cr
Expense Ratio 2.16%

Expense Ratio 2.16%

This fund has an expense ratio of 2.16% which is more than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option is ₹120.62 as on 12-Apr-2024.
Existing (Absolute + CAGR) as on 12-Apr-2024.
Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
4.88%
4.88%
6 Month Returns
15.87%
15.87%
1 Year Returns
54.38%
54.38%
3 Years Returns
93.67%
24.65%
5 Years Returns
170.39%
22.01%
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2.16% as on March 2024
₹117 Cr as on March 2024
Bank of India(6.1%), Hindware Home Innovation Ltd Ordinary Shares(3.46%), The Federal Bank Ltd(3.38%), Century Textiles & Industries Ltd(3%), Mphasis Ltd(2.92%) as on March 2024
Financial Services(22.93%), Basic Materials(21.48%), Consumer Cyclical(19.42%) as on March 2024
The alpha ratio for the Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option
-1.34
-3.46
-0.19
As on March 2024
The alpha for Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option is calculated against S&P BSE Midcap TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option
0.95
0.99
0.85
As on March 2024
The Beta for Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option is calculated with S&P BSE Midcap TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option
2.79
1.02
0.8
As on March 2024
The sharpe ratio for Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option is calculated with S&P BSE Midcap TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option
13.25
15.52
19.63
As on March 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.81 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Hardik Shah is the fund manager of Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option
The Exit load of Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option is 1%