Taurus Mutual Fund – Review, Fund Managers, KYC Process, Benefits, Fees & more
Taurus Mutual Fund AMC is one of the best and the largest fund managing companies in India and globally.
It offers investment solutions that not only create wealth but also preserve them for all investor segments.
With expert fund management and proven reliable financial tools, the fund house also generates a large number of investor folios and also provides the right balance of risk and returns with a great standard of service.
About Taurus Mutual Fund
Taurus Mutual Funds is one of the very first private sector Mutual Funds to get registered with SEBI.
Starting their Mutual Fund operations in 1993, the AMC has since introduced several mutual fund schemes that have garnered the loyalty of various investors, including IFC Washington, Brussels & EFM, UK, the European Economic Community.
Taurus AMC provides Mutual Funds under the Equity, Equity Linked Savings Scheme, and Debt-based schemes and has also delivered consistent results over the span of 20 years of their operations.
Besides, the basic principle on which the AMC and its team work are to offer innovative schemes to the customers based on market knowledge & research and years of expertise.
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Why Invest in Taurus AMC?
Before trying to figure out on how to invest in mutual funds, let’s see the reasons to invest in Taurus AMC
- Taurus AMC has well-designed funds for every investor segment and has a well-established network of offices in over 5 cities with more than 4000 associates in order to provide an impeccable service to the customers.
- The entire team working at Taurus AMC is committed and focused in also delivering the best results for their investors and the organization.
- With innovative schemes that are also based on years of expertise, research, and market knowledge, they hold integrated marketing campaigns to increase awareness about their schemes.
- Taurus Mutual Funds are designed to perform in a consistent manner in order to earn high returns for the customers so that they can fulfil their dreams.
- With a higher standard of service, the AMC also helps customers from the beginning of their investment planning by resolving their smallest of queries.
How to Invest with Taurus Mutual Funds?
If the investor is investing in any scheme of Taurus Mutual Fund for the first time then, the step-by-step process of how to invest in Taurus Mutual Fund are as follows:
- On the bottom of the page, click on the ‘Open an Account’ option.
- Besides, the investor needs to create a new folio by filling in all the details as asked in the forms which appear.
- Next, the investor is required to select the scheme/option in which he/she is interested to invest and then click on the ‘Purchase to Proceed’ button.
- Then, select the scheme category and the preferred scheme from the drop-down list.
- Then, choose the investment mode after which the desired schemes will be shown on the website. Further, click on the ‘Purchase’ option.
- On the next page, the ‘New Investor Application Form’ will also be presented which the investor has to fill up with necessary information.
- Once the application form is filled up and submitted, the investor is all set to invest in the schemes of Taurus Mutual Fund.
Taurus AMC – Fund Managers
Some of the key people who are involved in monitoring and assessing different Taurus Mutual Fund schemes are:
Mr. Waqar Naqvi
Mr. Waqar is the Chief Executive Officer at Taurus Mutual Fund, having close to 27 years of experience in the finance, investment, and mutual fund industry.
He leads the team of functional heads at Taurus and had also joined the AMC in 2008 after working for 7 years at Birla Sun Life.
Besides, he is a 1991 batch ICWA and holds an MBA (Finance) from Nagpur University. Then, Mr. Naqvi has been associated with the AMC for almost 12 years.
Mr. Prasanna Pathak
Mr. Prasanna is the Head of Equity at Taurus Mutual Fund, having over 17 years of experience in Finance, Research, and Money Management.
Also, he did BTech (Chemical) from LIT and PGDM (Finance) from Mumbai. Besides, under his capable leadership, various new schemes were launched, mostly Hybrid and Liquid schemes.
Mr. Dheeraj Singh
Mr. Dheeraj is the Head of all Investments at Taurus Mutual Fund, having extensive experience of consultancy in the Banking & Financial Service Industry.
He also did B.E (Hons), PGD in Management from IIM Bangalore. Mr. Singh currently monitors and is also responsible for all Debt and Equity investment services that Taurus Mutual Fund provides.
Taurus Mutual Fund – Key Personnel’s
The whole team of Taurus Mutual Fund is highly skilled and qualified, deriving their investment strategy based on extensive market research.
Besides, everyone is dedicated to providing the best investment solutions to the investors in each category.
Here are the key personnel’s involved in managing different Taurus Mutual Fund schemes:
|CEO||Mr. Waqar Naqvi|
|Director||Mr. Vijay Sood|
|Independent Director||Mr. Rajendra Prasad Tulsian|
|Director||Mr. Lalit Bhasin|
|Director||Mr. R. K. Gupta|
|Head-Customer Services||Mr. V. Sasidhar|
|Vice President – Product Development, Marketing & Compliance||Mr. Ramesh S. Kabra|
|Head of Investments||Mr. Dheeraj Singh|
|Head – Equity & Fund Manager||Mr. Prasanna Pathak|
|Head – Customer Service & Incharge of PR||Mr. Yashpal Sharma|
|Additional Independent Director||Mr. Sudhanshu Kumar Awasthi|
|Director||Mr. Harbans Lal|
|Additional Director||Mr. Puneet Jain|
|Chief Financial Officer||Ms. Jinal Patel|
How to do KYC Check For Taurus Mutual Fund?
Know Your Customer (KYC) is a mandatory one-time customer identification process required for investors who are wishing to invest in mutual funds.
KYC has been made compulsory by the capital markets regulator SEBI that is Securities and Exchange Board of India for mutual fund investments so that fraudulent activities cannot happen.
For a first-time customer, you have to get your KYC Check before investing in Mutual Funds which would be in the form of verification of address and identity, occupation, financial status, and other personal information.
The KYC check for Taurus Mutual Fund can be done in any of the following SEBI-registered intermediaries:
- The Fund House (Asset Management Companies)
- KYC Registration Agency (KRA)
The KYC check for Taurus Mutual Fund can be done online by:
Step 1: Go to the official website of Taurus Mutual Fund or you can even visit any of the KRA’s websites.
Create an investor account and fill up all your personal details and Aadhaar-linked mobile number in order to verify the account using an OTP.
Step 2: Then, you have to upload self-attested copies of your Address Proof and Identity Proof.
That’s it. Then, your Mutual Fund e-KYC Check is done.
Documents Required To Invest In HDFC AMC
The list of the documents that should be kept ready before investing are:
- Completed KYC form
- PAN card supported by a passport size photograph
- Proof of residence, which also should include a clear depiction of your address
- Proof of identity, which also might include passport, driving license, ration card, electricity or water bill
- Besides, if you are an NRI, a copy of the passport should be provided along with the overseas address proof
- Also, if you are a new investor, In Person Verification (IPV) is mandatory required at the time of submission of the KYC request
Investors should bring the original copy of all the mandatory documents for physical verification when making the investment.
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Taurus Mutual Fund Fees or Charges
|Fund||Minimum Investment (Rs)||Entry Load (in % p.a.)||Exit Load (in % p.a.)||Fund Manager|
|Taurus Banking & Financial Services Fund – Growth – Direct Plan||5000||N.A||1||Prasanna Pathak|
|Taurus Discovery (Midcap) Fund – Growth – Direct Plan||5000||N.A||1||Prasanna Pathak|
|Taurus Ethical Fund – Growth – Direct Plan||5000||N.A||1||Prasanna Pathak|
|Taurus Infrastructure Fund – Growth – Direct Plan||5000||N.A||1||Prasanna Pathak|
|Taurus Largecap Equity Fund – Growth – Direct Plan||5000||N.A||1||Prasanna Pathak|
|Taurus Nifty Index Fund – Growth – Direct Plan||5000||N.A||0.5||Prasanna Pathak|
|Taurus Starshare (Multi Cap) Fund – Growth – Direct Plan||5000||N.A||1||Prasanna Pathak|
|Taurus Tax Shield – Growth – Direct Plan||500||N.A||N.A||Prasanna Pathak|
You may refer to the table for in-depth information on the fees or charges take by the AMC. All the provided funds are commonly managed by the fund manager Prasanna Pathak.
Though we do not have the insights regarding the entry load, we have the exit load rates to provide to you.
Again, the exit load of 1% is charged commonly for all the plans, apart from Taurus Nifty Index Fund – Growth – Direct Plan and Taurus Tax Shield – Growth – Direct Plan.
Taurus Nifty Index Fund – Growth – Direct Plan has a designated exit load lower to that of other funds, i.e. 0.5%, whereas Taurus Tax Shield – Growth – Direct Plan exit load information is not available.
Best Performing Taurus Mutual Fund
|Fund Name||Category||Risk||1Y Returns||Fund Size (in Cr)|
|Taurus Banking & Financial Services Fund||Equity||High||-0.70%||Rs. 10|
|Taurus Discovery (Midcap) Fund||Equity||Moderately High||26.20%||Rs. 59|
|Taurus Infrastructure Fund||Equity||High||12.80%||Rs. 4|
|Taurus Nifty Index Fund||Equity||Moderately High||14.70%||Rs. 1|
|Taurus Taxshield||Equity||Moderately High||13.10%||Rs. 70|
|Taurus Ethical Fund||Equity||High||28.70%||Rs. 47|
|Taurus Largecap Equity Fund||Equity||Moderately High||8.10%||Rs. 27|
|Taurus Starshare (Multi Cap) Fund||Equity||Moderately High||5.20%||Rs. 220|
|Taurus Liquid Fund||Debt||Low||3.20%||Rs. 14|
|Tata Treasury Advantage Fund||Debt||Moderately Low||9.70%||Rs. 12|
Now, Taurus Mutual Fund AMC provides some of the best mutual fund schemes in India, and also some of the best performing Taurus Mutual Fund are given below:
- Taurus Banking & Financial Services Fund
- Then, Taurus Discovery (Midcap) Fund
- Also, Taurus Infrastructure Fund
- Also, Taurus Nifty Index Fund
- Then, Taurus Taxshield
- Also, Taurus Ethical Fund
- Then, Taurus Largecap Equity Fund
- Also, Taurus Starshare (Multi Cap) Fund
- Then, Taurus Liquid Fund
- Also, Tata Treasury Advantage Fund
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Top 10 Taurus AMC Fund
|Fund||1-Year Return (%)||3-Year Return (%)||5-Year Return (%)|
|Taurus Banking & Financial Services Fund – Growth – Direct Plan||3.01||36.37||-3|
|Taurus Discovery (Midcap) Fund – Growth – Direct Plan||4.99||15.66||25.52|
|Taurus Ethical Fund – Growth – Direct Plan||5.31||14.24||26.57|
|Taurus Infrastructure Fund – Growth – Direct Plan||4.84||17.64||11.72|
|Taurus Largecap Equity Fund – Growth – Direct Plan||5.11||18.5||6.78|
|Taurus Nifty Index Fund – Growth – Direct Plan||5.47||21.85||13.01|
|Taurus Starshare (Multi Cap) Fund – Growth – Direct Plan||5.53||17.1||3.94|
|Taurus Tax Shield – Growth – Direct Plan||4.67||16.28||10.92|
Details of Top 10 Taurus Mutual Funds
Taurus Banking and Financial Services Fund- Growth-Direct Plan makes investments in financial services companies and also in banks.
This fund is not for you if you have to redeem your investment in less than seven years.
If you sell your units within one year then you can gain 1 lakh and also be exempted from paying tax. 10% tax also has to be paid if the gains are above 1 lakh.
Taurus Discovery (Midcap) Fund-Growth-Direct Plan allows you to get gains higher than the inflation rate and fixed income if you invest in it for 7 years.
It invests in smaller sized companies instead of larger companies and therefore the funds tend to fall more if the stock prices fall.
There might be ups and downs too. Don’t invest in this scheme if you want to redeem your investment in less than 7 years.
Besides, Taurus Ethical Fund- Direct-Growth plan makes investment in the companies that stick to the narrow investment mandate illustrated in its investment objective.
Also, you are not supposed to pay anything if you continue to hold the unit. It is advisable not to invest in this scene if you want to redeem your investment in less than 5 years.
More information on Top Taurus Funds
Taurus Infrastructure Fund-Direct- Growth plan makes an investment in the companies which are involved in infrastructure-related activities.
You should avoid investing in this scheme if you want to redeem your investment in less than 5 years. Taurus Large Cap Equity Fund- Direct-Growth Plan gives gains higher than fixed income or inflation if you invest in this for 5 years at least.
It invests in large companies instead of small-sized companies so if the stock prices fall, the funds tend to fall less. They are also more suitable for conservative equity investors.
Taurus Nifty Index Fund- Direct-Growth Plan is a good scheme that ensures returns higher than the inflation after you invest for more than 5 years. Also, they invest in large companies and are suitable for conservative investors.
Taurus starshare (Multi cap) Fund- Direct-Growth Plan ensures gains higher than inflation and fixed income if you invest for at least 5 years.
Also, it allows you to invest in companies of all sizes depending on where you can get maximum gains. Also, it is a suitable scheme for Equity fund investors.
Taurus Tax shield Fund- Growth-Direct Plan enables you to get gains higher than inflation if you invest for more than 5 years.
It also provides a tax benefit. You also need to be prepared for ups and downs. You cannot redeem your investment before 3 years.
Taurus Short Term Income Fund Direct growth is a good option because it has performed better as compared to the other funds and schemes.
Besides, one thousand rupees is the minimum SIP investment amount.
Best Taurus Mutual Fund Portfolio
|Fund||Market Value (in Cr.)||Net Asset (in Cr.)||Rating|
|Taurus Starshare (Multi Cap) Fund – Growth – Direct Plan||26.77||10103.88||AAA|
The assets of Taurus starshare (Multi cap) Fund- Direct-Growth Plan includes equity and cash & cash Eq. The major portion of assets that is 6.95 percent belongs to Infosys.
The reliance industry also has an asset of 6.33 percent. Then, the asset value of HDFC Bank is 6.12 percent. Whereas, ICICI Bank has an asset of 5.05 percent. Then, 3.31 is the asset percentage of Asian Paints.
Then, ITC has an asset percentage of 1.56. Also, Kotak Mahindra Bank has an asset percentage of 2.01. Multi Commodity Exchange India also has an asset percentage of 1.21.
Besides, the asset percentage of Tata consumer products is 1.15. While Alembic Pharmaceuticals has an asset percentage of 1.18, Dr. Reddy’s Lab also has an asset percentage of 1.36. AIA Engineering has an asset percentage of 1.47.
Taurus Mutual Fund Scheme NAV
|Fund||52 Week High (Rs.)||52 Week Low (Rs.)|
|Taurus Banking & Financial Services Fund – Growth – Direct Plan||31.88||18.61|
|Taurus Banking & Financial Services Fund – Growth – Direct Plan||31.88||18.61|
|Taurus Discovery (Midcap) Fund – Growth – Direct Plan||56.43||33.04|
|Taurus Ethical Fund – Growth – Direct Plan||70.77||42.08|
|Taurus Infrastructure Fund – Growth – Direct Plan||28.92||18.08|
|Taurus Largecap Equity Fund – Growth – Direct Plan||88.53||53.44|
|Taurus Nifty Index Fund – Growth – Direct Plan||27.22||15.17|
|Taurus Starshare (Multi Cap) Fund – Growth – Direct Plan||122.78||73.69|
|Taurus Tax Shield – Growth – Direct Plan||96.66||57.25|
Taurus Banking and Financial Services Fund- Growth-Direct Plan has a net asset value of 32.760. On the other hand, the net asset value of the Taurus Ethical Fund- Direct-Growth Plan is 73.890.
Taurus Discovery (Midcap) Fund-Growth-Direct Plan also has a net asset value of 58. 450. Whereas, the net asset value of the Taurus Infrastructure Fund-Direct- Growth plan is 30.230.
Taurus Large Cap Equity Fund- Direct-Growth Plan also has a net asset value of 92.500. Besides, the net asset value of the Taurus Nifty Index Fund- Direct-Growth Plan is 28.601.
Besides, Taurus star share (Multi cap) Fund- Direct-Growth Plan also has a net asset value of 128.190. Whereas Taurus Tax shield Fund- Growth-Direct Plan has a net asset value of 100.710.
Taurus AMC Customer Care Details
|Address of AMC||Ground Floor,AML Centre-1,8 Mahal Industrial Estate Mahakali Caves Rd., Andheri(E) Mumbai – 400093|
To know more about Taurus AMC and their Mutual Fund schemes, an investor can contact at:
- Address: Ground Floor, AML Centre-1, 8 Mahal Industrial Estate Mahakali Caves Rd., Andheri(E) Mumbai – 400093
- Telephone Number: 022 – 66242700 / 1800 – 108 – 1111
- Fax: 022 – 66242777
- Email: email@example.com
Taurus AMC – Important Links
|Taurus Mutual Fund Login||https://online.taurusmutualfund.com/|
|Taurus Mutual Fund App||NA|
Taurus Mutual Fund AMC – Conclusion
Taurus AMC also provides a wide range of mutual fund schemes that are according to your investment horizon and risk appetite.
As they have professionals who have extensive investment capabilities, you can also choose the right mutual fund scheme for you
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