Taurus Mutual Fund

Taurus Asset Management Company is among the leading mutual funds. It has been in the business for close to three decades. Moreover, it is among those few private sector mutual fund companies registered with the SEBI in the 1990s. At present, the sponsor of Taurus Mutual Funds is HB Portfolio Limited, whereas the company’s trustee is Taurus Investment Trust Company Ltd.

Taurus Mutual Funds brings the benefit of a long experience in the business. It has seen the ups and downs of the market over the last 29 years of its operations and learnt appropriate insights. The company has a highly experienced and capable team of professional fund managers who identify the market trend, thus automatically maximizing the value of the investor’s portfolio. This is why they have long, short, and medium-term mutual funds to take care of the financial needs of each investor.

Best Taurus Mutual Funds

Fund Name
Category
Rating
Fund Size (in Cr)
1Y Returns
3Y Returns
5Y Returns
Taurus Discovery (Midcap) Fund Equity 3 77 8.0 23.2 12.7
Taurus Infrastructure Fund Equity 3 5.57 10.1 20.8 10.9
Taurus Ethical Fund Equity - 87 3.8 20.3 13.6
Taurus Nifty 50 Index Fund Other - 2.01 7.5 17.4 13.8
Taurus Tax Shield – Direct Growth Equity 3 63 8.7 15.5 11.1
Taurus Largecap Equity Fund Equity 1 34 9.6 13.9 9.0
Taurus Flexi Cap Fund Equity 1 254 7.0 13.0 6.8
Taurus Banking & Financial Services-Direct Growth Equity 4 9.19 15.2 12.7 13.3

In 1994, the company launched its first scheme Taurus Starshare (Multi Cap) Fund, which is still popular and functional. Moreover, the company has a glorified history as it was the first private company that got a chance to manage the investments of both FIIs and NRIs.

In terms of Asset Under Management (AUM), Taurus Mutual Funds are listed in India’s top 10 mutual funds. In their 29 years of operations, they expand in all 29 states and seven union territories and have millions of loyal clients.

Taurus Mutual Funds also receive investments from big foreign players like the European Economic Community, Brussels & EFM, UK and IFC, Washington.

HB Mutual Fund and Taurus Mutual Fund were merged in 1999. They came up with a new name as Creditcapital Asset Management Co. Ltd. Later on April 21, 2006, it was again renamed as Taurus Asset Management Co. Ltd. There was some schemes of BOI mutual funds which the Taurus Mutual Funds took over in 2002.

Taurus Mutual funds expanded their network across India, having over 5,000 branches. Most of their assets are controlled by HDFC Bank Ltd. and serve as a guarantor. Taurus Mutual Funds is growing continuously as a major mutual fund company with an AUM of over 400 crore rupees.

Taurus AMC Ltd Key Information

Mutual Fund Taurus Mutual Fund
Sponsor HB Portfolio Limited
Trustee Taurus Investment Trust Company Limited
Incorporation Date Jul-27-1993
Setup Date Aug-20-1993
CEO Mr Waqar Naqvi
MD Mr R. K. Gupta
Compliance Officer Ms Anu Suri
CIO Mr Dheeraj Singh
Investor Service Officer Rs. 475.34 crore (Mar-31-2021)
Auditors Haribhakti & Company, M/S M P Chitale & Co.,

Chartered Accountants M/s Thakur, Vaidyanath Aiyar & Co, Chartered Accountant

Assets Managed Rs. 475.34 crore (Mar-31-2021)
Telephone Nos. 022-66242700
E-mail customercare@taurusmutualfund.com

Taurus Mutual Funds Managers

Waqar Naqvi

Taurus Mutual Fund CEO Mr Waqar Naqvi joined the company in 2008 is now the leader of the functional heads team. He has three decades of experience in the finance field. His career began in 1992 as a Management Trainee at Thermax Ltd. Then he moved to two different firms, Apple Industries Ltd., GE transport financial services Ltd., Escorts Finance Ltd., and Birla Sun Life AMC.

Dheeraj Singh

Mr Dheeraj possesses experience in the banking and finance sectors. Currently, he is the Head of Investments at Taurus MF. This IIM Bangalore alumnus has a primary specialization in Economics and has been associated with reputable AMCs in the past. Currently, Mr Dheeraj is associated with Taurus MF and is monitoring equity and debt investment services. Due to his experience, many famous corporations had appointed him as their independent financial advisor in the past.

Prasanna Pathak

Mr Prasanna Pathak, known for brilliant leadership, heads the Equity Schemes department. Taurus MF witnessed the launch of specific new hybrid and liquid schemes under his supervision. Before joining Taurus Mutual Funds, he worked with Hindustan Unilever as a Research Analyst. Additionally, he worked with IndiaFirst Life and UTI Mutual Funds as well.

Mr Hardik Shah

Mr Shah is a Fund Manager- Equity. He has more than 6 years of experience working at companies like Prabhudas Lilladher Pvt Ltd as PMS Analyst & Associate Fund Manager at Anandrathi Shares & Stockbrokers Ltd and Arihant Capital Markets Ltd as Research Analyst and Uday Exports Private Limited as Executive-Finance.

Mr Ankit Tikmany – BMS & MBA

Mr Ankit Tikmany has extensive work experience. He has worked with Philips Capital India and Moneyworks4me as a Senior Research Analyst and Yes Securities Ltd as Investment Manager and Research Analyst.

Mr Alok Singh

Mr Alok Singh is a B.A. and M.B.A. and has worked with Aviva Life Insurance Company Ltd., Anand Rathi Shares & Stock Brokers Ltd.

How to Invest in Taurus Mutual Fund?

Investing in Taurus Mutual Funds is highly convenient on the 5Paisa platform. 5Paisa is one of the country’s largest investing platforms, and you can easily add Taurus and other mutual funds to your portfolio. Follow these steps and get your investment operational:

Step 1: You must visit the official website of 5Paisa, or you can download the 5Paisa application on your smartphone. Log in to your 5Paisa Account or sign in if you don’t have an account in 3 easy steps.

Step 2: Search for Taurus Mutual Fund schemes and go through all the available options listed under the AMC.

Step 3: You can compare various investment types, funds, risks, and returns and select the one that best suits your preference, investment needs, and risk appetite.

Step 4: You must select the kind of investment you want to make. You can start a SIP, a Systematic Investment Plan wherein a monthly payment of the registered amount will be deducted from your bank account each month. You can time it for a few years or leave it open-ended. The other category is making a Lumpsum Investment. This is a one-time investment you make towards your Taurus Mutual Fund.

Step 5: Enter the amount you’d like to invest and make the payment by clicking on the ‘Invest Now’ button.

Step 6: It takes 3-4 working days to process your payment, after which your investment will start displaying on your portfolio. You can also make future investments in the same portfolio and keep adding funds at your convenience.

Top Taurus Mutual Funds to Invest

Taurus Largecap Equity Fund

Taurus Largecap Equity Fund is a very high-risk growth scheme and is best for you if you are looking for high returns. Investment in this fund is recommended if you have a long-term investment approach.

Return(%)

Returns – Regular Plan Growth Option – Direct Plan Growth Option

  • 1 Year – (5.25)% – (5.16)%
  • 3 Year – 6.13% – 6.28%
  • 5 Year – 5.35% – 5.69%
  • Since Inception – 9.85% – 8.31%

Here are some key details about Taurus Largecap Equity Fund

  • Inception Date – 28 Feb 1995
  • NAV – 98.0600 as on 19 Jul 2022
  • Fund Type – Equity Schemes
  • Risk Level – Very High Risk
  • Fund Manager – Mr. Ankit Tikmany – Equity
  • Fund Performance – 11.65% (3 years) and 7.02% (5 years)

Other information related to this Taurus Fund 

  • Entry load – Nil
  • Exit Load – 1% if exit on or before 365 days. Nil, if exited after 365 days.
  • Minimum Application Amount – INR 5000 and multiples of INR 1 thereof
  • Date of Allotment – 28 Feb 1995
  • Benchmark – S&P BSE 100 TRI. Benchmark Index renamed w.e.f. 01/02/2018
  • Asset Allocation Equity & Equity related instruments: 80-100%. Min.80% in Large-cap stocks as defined by SEBI.
  • Debt, Cash & Money Market instruments – 0- 20%
  • Monthly Average AUM: INR 30.01 Cr.
  • Month End AUM: INR 29.36 Cr.
  • Liquidity – Sale and repurchase on all business days.
  • Net Asset Value (NAV) –   
  • Face Value INR 10/-
  • Regular Plan: INR 39.49 (IDCW), 90.14 (G) per unit
  • Direct Plan: INR 41.86 (IDCW), 95.04 (G) per unit
  • NAV Calculation: All Business days.
  • Quantitative Data – Regular Plan :
  • Sharpe Ratio: 0.36
  • Standard Deviation: 19.59
  • Beta: 0.89
  • Portfolio Turnover: 1.25
Min Investment Amt ₹5,000
AUM ₹34 Cr
1Y Returns 9.6%

Taurus Tax Shield is a Very High-Risk fund if your priority is an attractive investment avenue for tax savings, with the advantage of growing your investments. The scheme will identify undervalued stocks for constructing a diversified portfolio across industries and companies using a combination of fundamental and technical analysis.

Return(%)

Returns – Regular Plan Growth Option – Direct Plan Growth Option

  • 1 Year – (1.87)% – (1.17)%
  • 3 Year – 9.05% – 9.82%
  • 5 Year – 9.02% – 9.75%
  • Since Inception – 11.04% – 11.65%

Here are some key details about Taurus Tax Shield Fund

  • Inception Date – 31 Mar 1996
  • NAV – 106.2400 as on 19 Jul 2022
  • Fund Type – ELSS
  • Risk Level – Very High Risk
  • Fund Manager – Mr Ramneek Kundra – Equity
  • Fund Performance – 13.75% (3 years) and 9.99% (5 years)

Other information related to this Taurus Fund 

  • Entry load-Nil
  • Exit Load -Exit Load – NA {lock-in period of 3 years}
  • Minimum Application Amount – INR 500 and multiple of INR 500 after that
  • Date of Allotment – 31 Mar 1996
  • Benchmark – S&P BSE 200 TRI. Benchmark Index renamed w.e.f. 01/02/2018
  • Asset Allocation Equity & Equity related instruments: 80-100%
  • Debt Instruments: 0-20%
  • Money Market, Cash & other assets: 0-20%
  • Monthly Average AUM: INR 57.93 Cr.
  • Month End AUM: INR 57.30 Cr.
  • Liquidity – Sale on all business days. As per Income Tax Laws, the redemption facility is available after a lock-in period of 3 years from the investment date.
  • Net Asset Value (NAV)
  •  Face Value INR 10/-.
  • Regular Plan: INR 48.30 (IDCW), 103.11 (G) per unit.
  • Direct Plan: INR 50.79 (IDCW), 110.21 (G) per unit.
  • NAV Calculation: All Business days.
  • Quantitative Data – Regular Plan:
  • Sharpe Ratio: 0.42
  • Standard Deviation: 19.96
  • Beta: 0.89
  • Portfolio Turnover: 1.53
Min Investment Amt ₹500
AUM ₹63 Cr
1Y Returns 8.7%

Taurus Infrastructure Fund

Taurus Infrastructure Fund is suited for individuals looking at returns with a long-term investment outlook and a higher tolerance for risk. This includes investment in instruments of companies from the Infrastructure Sector.

Return(%)

Returns – Regular Plan Growth Option – Direct Plan Growth Option

  • 1 Year – (2.38)% – (1.99)%
  • 3 Year – 12.01% – 12.50%
  • 5 Year – 9.69% – 10.18%
  • Since Inception – 8.49% – 11.77%

Here are some key details about Taurus Infrastructure Fund

  • Inception Date – 5 Mar 2007
  • NAV – 37.5000 as on 19 Jul 2022
  • Fund Type – Equity Schemes
  • Risk Level – Very High Risk
  • Fund Manager – Mr Prasanna Pathak – Equity
  • Fund Performance – 18.33% (3 years) and 10.95% (5 years)

Other information related to this Taurus Fund 

  • Entry load – Nil
  • Exit Load – 0.5% if exited on or before 7 days. Nil, if exited after 7 days ( w.e.f. 1 Jan 2020)
  • Minimum Application Amount – INR 5000 and multiples of INR 1 after that
  • Date of Allotment – 5 Mar 2007
  • Benchmark – Nifty Infrastructure Index TRI. Benchmark Index changed w.e.f. 23/03/2018
  • Asset Allocation Equity & Equity related instruments: 80-100%
  • Debt, Cash & Money Market Instruments: 0-20%
  •  Monthly Average AUM: INR 4.77 Cr.
  • Month End AUM: INR 4.71 Cr.
  •  Liquidity – Sale & repurchase on all business days.
  •  Net Asset Value (NAV) – Face Value INR 10/-
  • Regular Plan: INR 32.75 (IDCW), INR 34.87 (G) per unit.
  • Direct Plan: INR 34.36 (IDCW), INR 36.90 (G) per unit.
  • NAV Calculation: All Business days
  • Quantitative Data – Regular Plan :
  • Sharpe Ratio: 0.51
  • Standard Deviation: 21.75
  • Beta: 0.90
  • Portfolio Turnover: 1.39
Min Investment Amt ₹5,000
AUM ₹5.57 Cr
1Y Returns 10.1%

Taurus Banking & Financial Services Fund is suited for investors who understand the importance of the Banking & Financial Services Sector. Investors comfortable with the higher risk profile and wanting to upscale their core portfolio should invest in this.

Return(%)

Returns – Regular Plan Growth Option – Direct Plan Growth Option

  • 1 Year – (5.61)% – (4.89)%
  • 3 Year – 3.68% – 4.47%
  • 5 Year – 7.58% – 8.44%
  • Since Inception – 11.58% – 9.76%

Here are some key details about TAURUS BANKING & FINANCIAL SERVICES FUND

  • Inception Date – 22 Jul 2012
  • NAV – 32.4600 as on 19 Jul 2022
  • Fund Type – Equity Schemes
  • Risk Level – Very High Risk
  • Fund Manager – Mr Prasanna Pathak – Acting CEO, Head of Equity, and Fund Manager
  • Fund Performance – 9.91% (3 years) and 9.37% (5 years)

Other information related to this Taurus Fund 

  • Entry load – Nil
  • Exit Load – 0.5% if exited on or before 7 days. Nil, if exited after 7 days ( w.e.f. 1 Jan 2020)
  • Minimum Application Amount – INR 5000 and multiples of INR 1 after that
  • Date of Allotment – 22 May 2012
  • Benchmark – S&P BSE Bankex TRI. Benchmark Index renamed w.e.f. 01/02/2018
  • Asset Allocation Equity & Equity Related Instruments of companies belonging to the Banking & Financial Services Sector:80%-100%
  • Debt& Money Market Instruments : 0-20%
  • Monthly Average AUM: INR 8.65 Cr.
  • Month End AUM: INR 8.49 Cr.
  • Liquidity – Sale & repurchase on all business days
  • Net Asset Value (NAV)
  •  Face Value INR 10/-.
  • Regular Plan: INR 27.11 (IDCW), INR 30.29 (G) per unit.
  • Direct Plan: INR 32.69 (IDCW), INR 33.07 (G) per unit.
  • NAV Calculation: All Business days.
  • Quantitative Data – Sharpe Ratio: 0.24
  • Standard Deviation: 28.57
  • Beta: 0.87
  • Portfolio Turnover: 0.48
Min Investment Amt ₹5,000
AUM ₹9.19 Cr
1Y Returns 15.2%

Taurus Flexi Cap Fund

Taurus Flexi Cap Fund is suited for individuals with higher risk tolerance. The scheme is positioned as a multi-cap fund seeking growth and capital appreciation through investment in equities. The fund is about diversification of its assets, avoiding concentration in a particular industry or group of industries. 

Return(%)

Returns – Regular Plan Growth Option – Direct Plan Growth Option

  • 1 Year – (3.77)% – (3.73)%
  • 3 Year – 5.01% – 5.10%
  • 5 Year – 4.33% – 4.44%
  • Since Inception – 9.49% – 8.31%

Here are some key details about TAURUS FLEXI CAP FUND

  • Inception Date – 29 Jan 1994
  • NAV – 142.1800 as on 19 Jul 2022
  • Fund Type – Equity Schemes
  • Risk Level – Very High Risk
  • Fund Manager – Mr Ankit Tikmany
  • Fund Performance – 10.9% (3 years) and 5.46% (5 years)

Other information related to this Taurus Fund 

  • Entry load – Nil
  • Exit Load – 1% if exited on or before 365 days, Nil if exited after 365 days
  • Minimum Application Amount – INR 5000 and multiples of INR 1 after that
  • Date of Allotment – 29 Jan 1994
  • Benchmark- S&P BSE 500 TRI. Benchmark Index changed w.e.f. 23/03/2018
  • Asset Allocation Equity & Equity related instruments: 65-100%
  • Debt Securities: 0-35%
  • Money Market, Cash & other assets : 0-35%
  • Monthly Average AUM: INR 227.26 Cr.
  • Month End AUM: INR 221.89 Cr.
  • Liquidity – Sale & repurchase on all business days.
  • Net Asset Value (NAV)
  •  Face Value INR 10/-.
  • Regular Plan: INR 63.85 (IDCW), 131.58 (G) per unit.
  • Direct Plan: INR 68.95 (IDCW), 136.66 (G) per unit.
  • NAV Calculation: All Business days.
  • Quantitative Data – Regular Plan:
  • Sharpe Ratio: 0.29
  • Standard Deviation: 21.09
  • Beta: 0.94
  • Portfolio Turnover: 1.32
Min Investment Amt ₹5,000
AUM ₹254 Cr
1Y Returns 7.0%

Taurus Discovery (Midcap) Fund

Taurus Discovery Fund is suited for individuals who expect better than average returns in the long-term investment outlook through investments in secondary and primary markets, predominantly in stocks of midcap companies (as defined by SEBI).

Return(%)

Returns – Regular Plan Growth Option – Direct Plan Growth Option

  • 1 Year – (6.00)% – (5.67)%
  • 3 Year – 14.90% – 15.34%
  • 5 Year – 10.43% – 10.88%
  • Since Inception – 6.93% – 15.11%

Here are some key details about TAURUS DISCOVERY (MIDCAP) FUND

  • Inception Date – 5 Sep 1994
  • NAV – 69.3700 as on 19 Jul 2022
  • Fund Type – Equity Schemes
  • Risk Level – Very High Risk
  • Fund Manager – Mr Hardik Shah
  • Fund Performance – 22.02% (3 years) and 11.94% (5 years)

Other information related to this Taurus Fund

  • Entry load – Nil
  • Exit Load – 1% if exited on or before 365 days, Nil if exited after 365 days
  • Minimum Application Amount – INR 5000 and multiples of INR 1 after that
  • Date of Allotment – 5 Sep 1994
  • Benchmark – Nifty Midcap 100 TRI. Benchmark Index renamed w.e.f. 02/04/2018
  • Asset Allocation Equity & Equity related securities-Midcap companies: 65-100%
  • Equity & Equity related securities-Other companies: 0-35%
  • Debt, Cash & Money Market securities: 0-35%
  • Monthly Average AUM: INR 68.13 Cr.
  • Month End AUM: INR 67.07 Cr.
  • Liquidity – Sale & repurchase on all business days
  • Net Asset Value (NAV)
  • Face Value: INR 10/-.
  • Regular Plan: INR 57.58 (IDCW), 64.60 (G) per unit.
  • Direct Plan: INR 59.89 (IDCW), 67.42 (G) per unit.
  • NAV Calculation: All Business days.
  • Quantitative Data – Regular Plan:
  • Sharpe Ratio: : 0.64
  • Standard Deviation: 22.35
  • Beta: 0.83
  • Portfolio Turnover: 1.55
Min Investment Amt ₹5,000
AUM ₹77 Cr
1Y Returns 8.0%

Taurus Ethical Fund

Taurus Ethical Fund is suited for individual investors looking for investments in compliance with Shariah norms. Direct investment in listed securities on BSE/NSE is based on the principles of Shariah after proper fundamental and technical analysis by the Research Team.

Return(%)

Returns – Regular Plan Growth Option – Direct Plan Growth Option

  • 1 Year – (3.63)% – (2.65)%
  • 3 Year – 14.33% – 15.42%
  • 5 Year – 12.13% – 13.19%
  • Since Inception – 16.60% – 14.22%

Here are some key details about TAURUS ETHICAL FUND

  • Inception Date – 20 Mar 2009
  • NAV – 79.6600 as on 19 Jul 2022
  • Fund Type – Equity Schemes
  • Risk Level – Very High Risk
  • Fund Manager – Mr Prasanna Pathak – Acting CEO, Head of Equity, and Fund Manager

Other information related to this Taurus Fund 

  • Entry load – Nil
  • Exit Load – 1% if exited on or before 365 days, Nil if exited after 365 days
  • Minimum Application Amount – INR 5000 and multiples of INR 1 after that
  • Date of Allotment-April 6, 2009
  • Benchmark – S&P BSE 500 Shariah TRI. Benchmark Index renamed w.e.f. 01/02/2018
  • Asset Allocation Equity & Equity related instruments: 80-100% (*) Surplus money / investible funds available in the scheme at any time will be kept in Current Accounts with banks and will not be invested in any interest b
  • Monthly Average AUM: INR 73.97 Cr.
  • Month End AUM: INR 73.30 Cr.
  • Liquidity – Sale & repurchase on all business days.
  • Net Asset Value (NAV)
  • Face Value INR 10/-.
  • Regular Plan : INR 51.69 (IDCW), 76.46 (G), 76.45 (B) per unit.
  • Direct Plan : INR 55.66 (IDCW), 82.92 (G), 27.17(B) per unit.
  • Note : Bonus option discontinued for fresh / additional subscription w.e.f. 15/06/2015
  • NAV Calculation: All Business days.
  • Quantitative Data – Regular Plan :
  • Sharpe Ratio: 0.75
  • Standard Deviation: 17.17
  • Beta: 0.93
  • Portfolio Turnover: 0.97
Min Investment Amt ₹5,000
AUM ₹87 Cr
1Y Returns 3.8%

Taurus Nifty 50 Index Fund

This investment strategy is to benefit from the economic growth of India. For professionals, it can act as a balancing strategy for their portfolios. Investing in the Nifty50 Index Fund exposes them to the leading 50 stocks in one go. The scheme’s net assets will be invested predominantly in stocks constituting the Nifty 50 and in exchange-traded derivatives on the Nifty 50. This can be done by investing in almost all the stocks comprising the Nifty 50.

Return(%)

Returns – Regular Plan Growth Option – Direct Plan Growth Option

  • 1 Year – (0.29)% – (0.54)%
  • 3 Year – 11.17% – 11.42%
  • 5 Year – 11.34% – 11.68%
  • Since Inception – 9.58% – 11.57%

Here are some key details about TAURUS NIFTY50 INDEX FUND

  • Inception Date – 10 Jun 2010
  • NAV – 31.2777 as on 19 Jul 2022
  • Fund Type – Equity Schemes
  • Risk Level – Very High Risk
  • Fund Manager – Mr Ankit Tikmany – Equity

Other information related to this Taurus Fund 

  • Entry load – Nil
  • Exit Load – 0.5% if exited on or before 7 days. And Nil, if exited after 7 days ( w.e.f. 1 Jan 2020)
  • Minimum Application Amount-INR 5000 and multiples of INR 1 after that
  • Date of Allotment – 19 Jun 2010
  • Benchmark – Nifty 50 TRI. Benchmark Index renamed w.e.f. 01/02/2018
  • Asset Allocation Securities Covered by Nifty: 95-100%
  • Debt, Cash & Money Market Instruments: 0-5%
  • Monthly Average AUM: INR 1.69 Cr.
  • Month End AUM: INR 1.69 Cr.
  • Liquidity – Sale & repurchase on all business days
  • Net Asset Value (NAV)
  • Face Value: INR 10/-.
  • Regular Plan: INR 19.1791 (IDCW), 30.0852 (G) per unit.
  • Direct Plan: INR 29.7250 (IDCW), 31.7616 (G) per unit.
  • NAV Calculation: All Business days.
  • Quantitative Data – Regular Plan :
  • Sharpe Ratio: 0.50
  • Standard Deviation: 20.97
  • Beta: 0.96
  • Portfolio Turnover: 0.20
  • Tracking Error: 1.02
Min Investment Amt ₹5,000
AUM ₹2.01 Cr
1Y Returns 7.5%

Frequently Asked Questions

The total number of schemes under Taurus Mutual Fund Schemes is 23, with a Corpus under the management of INR 498.3308 CRS. (as on 30 Jun 2022).

Taurus MF is registered with Code No. MF/002/93 with SEBI is one of India’s 10 largest Mutual Funds in Assets Under Management.

You can start SIP in Taurus Mutual Fund online by visiting the official website of the AMC or through 5Paisa. You must log in with your details and initiate a SIP after selecting the fund of your preference. Once the payment has been made, a similar amount will be deducted from your account every month on the date prescribed by you.

You can redeem your Taurus Mutual Fund investment either by visiting their office or online through their website. If you initiated the investment using the 5Paisa app, you would have to follow a similar procedure to stop the investment and withdraw. You simply need to log in with your folio number and select the withdrawal option.

Taurus Mutual Fund launched its first scheme in 1994 – Taurus Star share (Multi Cap) Fund, which is in the market even today owing because of its consistency in performance over the past 20 years. Taurus Mutual Fund is prevalent in all demographics and is preferred by more than 4000 business associates.

To calculate the SIP, you can use the SIP calculator available on the official website of Taurus AMC or 5Paisa and enter inputs like the period of the SIP, number of SIPs that have already been paid (or expected), the amount of investment, and the expected rate of interest to get the approximate value.

Invest Now