Taurus Banking & Financial Services Fund - Regular Plan - Growth
Fund House: Taurus Mutual Fund| Category: Equity: Sectoral-Banking and Financial Services |
| Launch Date: 22-05-2012 |
| Asset Class: Equity |
| Benchmark: S&P BSE BANKEX TRI |
| Expense Ratio: 2.44% As on (31-07-2022) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 9.49 Cr As on (31-07-2022) |
| Turn over: 52% | Exit Load: 0.5% for redemption within 7 days |
35.32
0.18 (0.5096%)
13.13%
S&P BSE BANKEX TRI 15.21%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The scheme seeks to generate capital appreciation through a portfolio that invests predominantly in equity and equity related instruments of Banking, Financial and Non Banking Financial Companies that form part of the BFSI Sector.
Current Asset Allocation (%)
Indicators
| Volatility | 18.56 |
| Sharp Ratio | 0.16 |
| Alpha | -0.49 |
| Beta | 0.87 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
Scheme Characteristics
Minimum investment in equity & equity related instruments of a particular sector/ particular theme - 80% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
2.24%
Others
1.8%
Large Cap
82.83%
Mid Cap
13.13%
Scheme Documents
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#
Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **
# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund
