Equity
Direct
Mid-Cap
NAV as on 06-09-2024
₹ 135.81
1D
Inception Returns
19.1%
/yr
Taurus Discovery Midcap Fund Direct Growth 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.
Taurus Discovery Midcap Fund Direct Growth has given a CAGR return of 19.06% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 30.49%, 21.77% and 27.70% respectively.
Taurus Discovery Midcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Basic Materials, Industrial, Communication, Health, Tech, Real Estate, Energy, Consumer Defensive, Utilities. Its top holdings are Bank of India, Astral Ltd, Vodafone Idea Ltd, CreditAccess Grameen Ltd Ordinary Shares, Igarashi Motors India Ltd
As it is a mid-cap 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.
The prime objective of the Scheme is to achieve long term capital appreciation by investing in a portfolio consisting of equity and equity related securities predominantly of mid cap companies.
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Taurus Discovery Midcap Fund Direct Growth has no lock in period.
Expense ratio | 2.27% |
Benchmark | S&P BSE Midcap TR INR |
AUM | ₹140 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 113.02% |
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 |
as on (06-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Financial Services, Consumer Cyclical & Basic Materials
Taurus Discovery Midcap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.33% | 4.33% |
6 Month Returns | 14.71% | 14.71% |
1 Year Returns | 30.49% | 30.49% |
3 Years Returns | 80.57% | 21.77% |
5 Years Returns | 239.61% | 27.7% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Taurus Discovery Midcap Fund Direct Growth | -8.18 | -3.58 | 0.09 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Taurus Discovery Midcap Fund Direct Growth | 0.93 | 1 | 0.85 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Taurus Discovery Midcap Fund Direct Growth | 1.74 | 1.03 | 1.12 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Taurus Discovery Midcap Fund Direct Growth | 14.22 | 16.17 | 19.28 |