NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Taurus Ethical Fund - Growth Option for NRI [133.50]

Min Investment

500

Fund Size

198.19 Cr

Expense Ratio

2.5%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

133.50

0.91%

NAV as on 14 Jul 24, 12:00 AM

very high risk

equity other

equity

NAV as on 14 Jul 24, 12:00 AM

very high risk

equity other

equity

47.68%p.a.

Last 1Y

18.59%p.a.

Last 3Y

21.87%p.a.

Last 5Y

18.19%p.a.

Since Inception

About Taurus Ethical Fund - Growth Option for NRIs

NRIs can achieve long-term capital appreciation by investing in the Taurus Ethical Fund - Growth Option scheme from Taurus Asset Management Company Limited. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Apr 2009, Taurus Ethical Fund - Growth Option is Equity - Other fund of its category with 198.19 Cr fund under management as on Jul 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.

  • Taurus Ethical Fund - Growth Option delivered 47.7% annual returns during the last year. It has delivered 18.2% average annual returns since the fund was launched.
  • Taurus Ethical Fund - Growth Option scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

To provide capital appreciation and income distribution to unitholders through investment in a diversified portfolio of equities, which are based on the principles of Shariah.

Top 10 Holdings

Infosys Ltd

7.25%

Reliance Industries Ltd

6.35%

HCL Technologies Ltd

4.27%

Tata Consultancy Services Ltd

4.08%

Computer Age Management Services Ltd Ordinary Shares

3.52%

Hindustan Unilever Ltd

3.49%

Tata Consumer Products Ltd

3.44%

Maruti Suzuki India Ltd

3.31%

GlaxoSmithKline Pharmaceuticals Ltd

2.89%

Coal India Ltd

2.81%

Fund Managers

  1. Anuj Kapil (Nov 2022 - Present)

Key Information

View Scheme Document

Taurus Ethical Fund - Growth Option SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Taurus Ethical Fund - Growth Option

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Taurus Ethical Fund - Growth Option?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Taurus Ethical Fund - Growth Option
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions