Taurus Discovery (Midcap) Fund - Direct Plan-Reinvestment of Income Dist cum cap wdrl
Equity
Direct
Mid-Cap
NAV: ₹ 96.4 as on 06-12-2023
Fund Performance
3 people have invested ₹ 3K in Taurus Discovery (Midcap) Fund - Direct Plan-Reinvestment of Income Dist cum cap wdrl in the last three months
About the Taurus Discovery (Midcap) Fund - Direct Plan-Reinvestment of Income Dist cum cap wdrl
Taurus Discovery (Midcap) Fund - Direct Plan-Reinvestment of Income Dist cum cap wdrl 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
- Taurus Discovery (Midcap) Fund - Direct Plan-Reinvestment of Income Dist cum cap wdrl has ₹100 Cr worth of assets under management (AUM) as on Oct 2023 and is less than category average.
- The fund has an expense ratio 2.3.
Taurus Discovery (Midcap) Fund - Direct Plan-Reinvestment of Income Dist cum cap wdrl Overview
 | 2.28% |
 Benchmark | S&P BSE Midcap TR INR |
 | ₹100 Cr |
 | 1 January, 2013 |
 | ₹500/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 112.14% |
Taurus Discovery (Midcap) Fund - Direct Plan-Reinvestment of Income Dist cum cap wdrl Distribution as on (31-Oct-23)
Size breakup
Mid cap
65.5%
Small cap
34.1%
Sector Allocation
Consumer Cyclical
33.6%
Financial Services
21.1%
Basic Materials
20.4%
Industrial
9.1%
Tech
5.1%
Health
3.9%
Real Estate
3.3%
Communication
2.7%
Consumer Defensive
0.6%
Top Holdings of Taurus Discovery (Midcap) Fund - Direct Plan-Reinvestment of Income Dist cum cap wdrl as on (30-Nov-23)
Equity Holdings41
Taurus Discovery (Midcap) Fund - Direct Plan-Reinvestment of Income Dist cum cap wdrl: Monthly Changes Updates
All changes are between Aug'23 and Oct'23
Fund Performance
- This fund’s returns stands at -2.94% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -4.05% as on Oct'23
- This fund outperformed Nifty Midcap 150 by 1.10% in Oct'23
AUM Change
- AUM of the fund stands at 100.3 Cr as of Oct'23
- AUM decreased by 2 Cr between Oct'23 and Sep'23
Fund Portfolio Changes
Gainers & Losers in Taurus Discovery (Midcap) Fund - Direct Plan-Reinvestment of Income Dist cum cap wdrl portfolio Returns for the month of Oct
Top Growth Drivers | 1M Return |
|---|---|
Faze Three Ltd | 24.6% |
 Anant Raj Ltd | 9.5% |
 The Ramco Cements Ltd | 8.2% |
Peer Analysis
Taurus Discovery (Midcap) Fund - Direct Plan-Reinvestment of Income Dist cum cap wdrl Fund Manager
Hardik Shah
Fund Manager of Taurus Discovery (Midcap) Fund - Direct Plan-Reinvestment of Income Dist cum cap wdrl, since 23 May 2022
Top funds managed
Taurus Discovery (Midcap) Fund - Direct Plan-Reinvestment of Income Dist cum cap wdrl Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 17.98% since inception which is less than its category average return of 18.43%
Fund Allocations
This fund has an allocation of 99.58% in Equity, 0% in Debt and 0.42% in Cash related instruments
AUM size ₹100 Cr
This fund has AUM of ₹100 Cr which is less than its category average of ₹ 6063 Cr
Expense Ratio 2.28%
This fund has an expense ratio of 2.28% which is more than its category average expense ratio of 1.42%
Frequently Asked Questions
The current NAV of Taurus Discovery (Midcap) Fund - Direct Plan-Reinvestment of Income Dist cum cap wdrl is ₹96.35 as on 06-Dec-2023.
Existing (Absolute + CAGR) as on 06-Dec-2023.
Taurus Discovery (Midcap) Fund - Direct Plan-Reinvestment of Income Dist cum cap wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 7.53% | 7.53% |
6 Month Returns | 24.81% | 24.81% |
1 Year Returns | 30.71% | 30.71% |
3 Years Returns | 96.43% | 25.24% |
5 Years Returns | 157.41% | 20.82% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
2.28% as on November 2023
₹100 Cr as on November 2023
Ami Organics Ltd(6.3%), Century Textiles & Industries Ltd(5.63%), Hindware Home Innovation Ltd Ordinary Shares(4.82%), Faze Three Ltd(3.72%), Mayur Uniquoters Ltd(3.65%) as on November 2023
Consumer Cyclical(33.49%), Financial Services(21.01%), Basic Materials(20.3%) as on November 2023
The alpha ratio for the Taurus Discovery (Midcap) Fund - Direct Plan-Reinvestment of Income Dist cum cap wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Taurus Discovery (Midcap) Fund - Direct Plan-Reinvestment of Income Dist cum cap wdrl | -1.33 | -3.26 | 0.27 |
As on November 2023
The alpha for Taurus Discovery (Midcap) Fund - Direct Plan-Reinvestment of Income Dist cum cap wdrl 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-Reinvestment of Income Dist cum cap wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Taurus Discovery (Midcap) Fund - Direct Plan-Reinvestment of Income Dist cum cap wdrl | 0.96 | 0.99 | 0.86 |
As on November 2023
The Beta for Taurus Discovery (Midcap) Fund - Direct Plan-Reinvestment of Income Dist cum cap wdrl 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-Reinvestment of Income Dist cum cap wdrl 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-Reinvestment of Income Dist cum cap wdrl | 1.37 | 1.18 | 0.77 |
As on November 2023
The sharpe ratio for Taurus Discovery (Midcap) Fund - Direct Plan-Reinvestment of Income Dist cum cap wdrl 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-Reinvestment of Income Dist cum cap wdrl 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-Reinvestment of Income Dist cum cap wdrl | 15.3 | 16.19 | 19.88 |
As on November 2023
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 2.22 as on November 2023. 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-Reinvestment of Income Dist cum cap wdrl
The Exit load of Taurus Discovery (Midcap) Fund - Direct Plan-Reinvestment of Income Dist cum cap wdrl is 1%