Taurus ELSS Tax Saver Fund Direct Growth
Equity
Direct
Elss (Tax Savings)
NAV as on 18-10-2024
₹ 203.12
Inception Returns
15.1%
/yr
About Taurus ELSS Tax Saver Fund Direct Growth
Taurus ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Taurus ELSS Tax Saver Fund Direct Growth has ₹84 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
- The fund has an expense ratio 2.
Returns
Taurus ELSS Tax Saver Fund Direct Growth has given a CAGR return of 15.10% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 35.82%, 16.82% and 19.96% respectively.
Holdings
Taurus ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Basic Materials, Health, Industrial, Consumer Defensive, Energy, Consumer Cyclical, Utilities. Its top holdings are HDFC Bank Ltd, HCL Technologies Ltd, Bajaj Holdings and Investment Ltd, ICICI Bank Ltd, ITC Ltd
Taxation
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Taurus ELSS Tax Saver Fund Direct Growth
To provide long term capital appreciation over the life of the scheme through investment predominantly in equity shares, besides tax benefits.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Taurus ELSS Tax Saver Fund Direct Growth of 3 Years
Historical NAV & Returns
Annualised
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57 people have invested ₹ 72.4K in Taurus ELSS Tax Saver Fund Direct Growth in the last three months
INDmoney Rank for Taurus ELSS Tax Saver Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
5Y returns in the bottom 25% of the category
Taurus ELSS Tax Saver Fund Direct Growth Overview
| Expense ratio | 1.95% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹84 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 57.51% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (18-Oct-24)
Fund Distribution
as on (30-Sep-24)
Large cap
63.1%
Small cap
19.1%
Mid cap
9.9%
Sector Allocation
Financial Services
33%
Tech
21.7%
Basic Materials
10.3%
Health
9.6%
Industrial
7.4%
Consumer Defensive
5.4%
Energy
5.3%
Consumer Cyclical
5%
Utilities
2.3%
All changes are between Jul'24 and Sep'24
- This fund’s returns stands at 1.41% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.04% as on Sep'24
- This fund underperformed Nifty 500 by 0.63% in Sep'24
- AUM of the fund stands at 82.9 Cr as of Sep'24
- AUM has remained same between Sep'24 and Aug'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 9.25% to 9.74%
Bajaj Holdings and Investment Ltd's allocation increased from 6.31% to 6.54%
NMDC Ltd's allocation increased from 2.28% to 2.49%
Top Stocks sold last month
Coal India Ltd's allocation decreased from 5.06 % to 4.89 %
Tech Mahindra Ltd's allocation decreased from 4.49 % to 4.3 %
Axis Bank Ltd's allocation decreased from 4.96 % to 4.23 %
Mid Cap allocation has gone down from 15.9% to 9.9%
Large Cap allocation has gone up from 62.7% to 63.1%
Small Cap allocation has gone up from 17.9% to 19.1%
Cash allocation has gone up from 3.5% to 7.8%
Top 3 Sectors in September were Financial Services, Tech & Basic Materials
Sep'24
Financial Services
33%
Tech
22%
Basic Materials
10%
Aug'24
Financial Services
29%
Tech
21%
Basic Materials
12%
See all
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Fund House
Taurus Asset Management Company Limited
Total Schemes
Total AUM
₹928.77 Cr
as on 30-Sep-2024
Address
Taurus Asset Management Company Limited,Ground Floor, AML Centre-1,,8 Mahal Industrial Estate, Mahakali Caves Rd.,,Andheri(East)
Phone
+912266242700
Website
info@taurusmutualfund.com
Mutual Fund Insights
In the last 1 year, Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth has given 68.57% return, outperforming this fund by 32.75%.
In the last 3 years, Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth has given 26.74% return, outperforming this fund by 9.92% per annum.
This fund expense ratio is slightly on the higher side within the category (elss (tax savings)). Its expense ratio is 1.95% which is higher than the category average expense ratio of 1.26%.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 35.88% return, outperforming this fund by 15.92% per annum.
Taurus ELSS Tax Saver Fund Direct Growth 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 15.1% since inception which is less than its category average return of 16.51%
Fund Allocations
This fund has an allocation of 92.18% in Equity, 0% in Debt and 7.82% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 4217 Cr
Expense Ratio 1.95%
This fund has an expense ratio of 1.95% which is more than its category average expense ratio of 1.46%
Frequently Asked Questions for Taurus ELSS Tax Saver Fund Direct Growth
The current NAV of Taurus ELSS Tax Saver Fund Direct Growth is ₹203.12 as on 18-Oct-2024.
Existing (Absolute + CAGR) as on 18-Oct-2024.
Taurus ELSS Tax Saver Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.46% | -0.46% |
6 Month Returns | 17.75% | 17.75% |
1 Year Returns | 35.82% | 35.82% |
3 Years Returns | 59.42% | 16.82% |
5 Years Returns | 148.4% | 19.96% |
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.
1.95% as on September 2024
₹84 Cr as on September 2024
HDFC Bank Ltd(9.74%), HCL Technologies Ltd(9.68%), Bajaj Holdings and Investment Ltd(6.54%), ICICI Bank Ltd(5.49%), ITC Ltd(4.96%) as on September 2024
Financial Services(30.43%), Tech(19.98%), Basic Materials(9.5%) as on September 2024
The alpha ratio for the Taurus ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Taurus ELSS Tax Saver Fund Direct Growth | 0.64 | 3.67 | 1.26 |
As on September 2024
The alpha for Taurus ELSS Tax Saver Fund Direct Growth is calculated against S&P BSE 200 India 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 ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Taurus ELSS Tax Saver Fund Direct Growth | 0.96 | 0.78 | 0.85 |
As on September 2024
The Beta for Taurus ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India 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 ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Taurus ELSS Tax Saver Fund Direct Growth | 2.16 | 1.08 | 0.91 |
As on September 2024
The sharpe ratio for Taurus ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India 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 ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Taurus ELSS Tax Saver Fund Direct Growth | 12.66 | 11.71 | 16.6 |
As on September 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 1.99 as on September 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.24 as on September 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of Taurus ELSS Tax Saver Fund Direct Growth is 0%