Taurus Discovery (Midcap) Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Mid Cap Fund

Fund House :

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 75.71 -0.72%
(as on 20th March, 2023)

Crisil Rank

Average performance among peers

Fund Size

: ₹ 74.2 Cr

(0.04% of Investment in Category)

Expense Ratio

: 2.19%

(0.86% Category average)

Risk-O-Meter

Very High

Mid Cap Fund :Mid Cap Fund : The fund has 98.52% investment in domestic equities of which 2.61% is in Large Cap stocks, 49.65% is in Mid Cap stocks, 28.47% in Small Cap stocks.

Suitable For : Investors who are looking to invest money for at least 3-4 years and looking for high returns. At the same time, these investors should also be ready for possibility of moderate losses in their investments.

Crisil Rank Change : Fund Crisil rank was updated from 2 to 3 in the previous quarter.

1M
3M
6M
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ALL

This Scheme

VS

Nifty 50

-3.09%

-6.95%

-7%

4.21%

13.66%

12.3%

20.64%
NA
-3.69%

-6.5%

-5.7%

4.6%

14.19%

13.07%

15.96%

NA
Gold

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VIP (Value Avg)

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Annualised Returns

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Returns (NAV as on 20th March, 2023)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	13-Mar-23	9869.60	-1.30%	-	-1.39%	13/30
1 Month	20-Feb-23	9523.30	-4.77%	-	-3.69%	26/30
3 Month	20-Dec-22	9227.30	-7.73%	-	-6.50%	24/30
6 Month	20-Sep-22	9459.00	-5.41%	-	-5.70%	8/28
YTD	30-Dec-22	9353.80	-6.46%	-	-4.91%	26/30
1 Year	17-Mar-22	10314.70	3.15%	3.12%	4.60%	13/27
2 Year	19-Mar-21	12177.90	21.78%	10.34%	14.19%	21/27
3 Year	20-Mar-20	20076.90	100.77%	26.15%	31.64%	21/25
5 Year	20-Mar-18	16742.60	67.43%	10.85%	13.07%	17/24
10 Year	20-Mar-13	48284.40	382.84%	17.04%	18.86%	18/20
Since Inception	02-Jan-13	42509.80	325.10%	15.22%	15.96%	23/29

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 20th March, 2023)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	17-Mar-22	12000	11988.1	-0.1 %	-0.18 %
2 Year	19-Mar-21	24000	24741.54	3.09 %	2.96 %
3 Year	20-Mar-20	36000	43982.99	22.17 %	13.47 %
5 Year	20-Mar-18	60000	85267.72	42.11 %	14.04 %
10 Year	20-Mar-13	120000	260209.93	116.84 %	14.8 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.|If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Portfolio (Updated on 28th Feb,2023)

Portfolio Turnover Ratio : 122.00% | Category average turnover ratio is 49.81%

Fund manager updated portfolio more frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for shorter duration than peers)

Equity Holding : 98.52% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.52%

No of Stocks : 39 (Category Avg - 63.50) | Large Cap Investments : 2.61%| Mid Cap Investments : 49.65% | Small Cap Investments : 28.47% | Other : 17.79%

Top 10 Stocks in Portfolio

How to read this table?

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Ami Organics Ltd.	Pharmaceuticals	47	6.34%	0.28%	6.42% (Dec 2022)	3.45% (Mar 2022)	51.75 k	0.00
Century Textile & Industries Ltd.	Paper & paper products	34.6	4.66%	0.12%	4.85% (Oct 2022)	2.64% (Mar 2022)	57.00 k	7.75 k
Mayur Uniquoters Limited	Leather and leather products	32.7	4.41%	0.85%	4.41% (Feb 2023)	0% (Mar 2022)	67.00 k	1.50 k
Sterlite Technologies Ltd.	Other telecom services	31.7	4.28%	-0.60%	4.88% (Jan 2023)	0% (Mar 2022)	2.00 L	-5.00 k
Aditya Birla Fashion and Retail Ltd.	Speciality retail	30.5	4.11%	-0.36%	4.54% (Sep 2022)	3.16% (Mar 2022)	1.33 L	0.00
Caplin Point Laboratories Ltd.	Pharmaceuticals	30.1	4.06%	-0.11%	4.21% (Dec 2022)	1.03% (Mar 2022)	46.00 k	0.00
K.P.R. Mill Ltd.	Other textile products	25.6	3.45%	0.19%	3.45% (Feb 2023)	0% (Mar 2022)	44.50 k	-2.50 k
Federal Bank Ltd.	Private sector bank	24.5	3.31%	-0.04%	3.81% (Oct 2022)	3% (Mar 2022)	1.90 L	0.00
Astral Ltd.	Plastic products - industrial	23.8	3.21%	-0.34%	3.55% (Jan 2023)	1.64% (May 2022)	12.60 k	-0.60 k
Dalmia Bharat Ltd.	Cement & cement products	23.8	3.20%	0.20%	3.57% (Jul 2022)	2.54% (Mar 2022)	12.95 k	0.00

- indicates change in weight in the portfolio. # indicates a new entry.

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
Net Receivables	Net Receivables	1.48%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 28th February, 2023)

Standard Deviation
Standard Deviation value gives an idea about how volatile fund returns has been in the past 3 years. Lower value indicates more predictable performance. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A standard deviation value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

High volatility

20.6vs19.26

Category Avg
Beta
Beta value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A beta value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

High volatility

0.86vs0.84

Category Avg
Sharpe Ratio
Sharpe ratio indicates how much risk was taken to generate the returns. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Sharpe ratio of 1.40 and fund B has a Sharpe ratio of 1.25, you can chooses fund A, as it has given higher risk-adjusted return.

Poor risk adjusted returns

0.57vs0.69

Category Avg
Treynor's Ratio
Treynor's ratio indicates how much excess return was generated for each unit of risk taken. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the beta of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Treynor's ratio of 1.40 and fund B has a Treynor's ratio of 1.25, then you can chooses fund A, as it has given higher risk-adjusted return.

Poor risk adjusted returns

0.14vs0.16

Category Avg
Jension's Alpha
Alpha indicates how fund generated additional returns compared to a benchmark. Let's say if a fund A benchmarks its returns with Nifty50 returns then alpha equal to 1.0 indicates the fund has beaten the nifty returns by 1%, so the higher the alpha, the better.

Poor risk adjusted returns

-1.55vs0.29

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Baroda BNP Paribas Mid Cap Fund - Direct Plan - Growth (Adjusted NAV)	NA	1192.04	-2.85	-5.88	42.65	54.46	50.17
Motilal Oswal Midcap Fund - Direct Plan - Growth	5	3769.30	-1.60	-5.17	-7.01	14.42	33.95
HDFC Mid-Cap Opportunities Fund - Direct Plan - Growth	4	35009.74	-3.04	-5.25	-2.62	10.74	33.92
Quant Mid Cap Fund - Direct Plan - Growth	5	1550.74	-4.81	-10.38	-7.97	8.27	44.68
SBI Magnum Midcap Fund - Direct Plan - Growth	4	8732.60	-3.12	-4.49	-7.97	6.26	36.90
Kotak Emerging Equity Fund - Direct Plan - Growth	4	23962.94	-2.88	-4.22	-5.10	6.13	33.89
Nippon India Growth Fund - Direct Plan - Growth	3	13409.61	-4.01	-6.74	-7.13	4.90	32.20
ITI Mid Cap Fund - Direct Plan - Growth	NA	416.66	-3.65	-6.93	-8.05	4.86	0.00
Edelweiss Mid Cap Fund - Direct Plan - Growth	3	2530.97	-3.73	-6.37	-7.24	3.87	35.29
Franklin India Prima Fund - Direct - Growth	2	7359.95	-3.52	-6.83	-7.01	3.54	26.45

Detailed Comparison

More Funds from

Out of 8 mutual fund schemes offered by this AMC, 2 is/are ranked 3 * , 2 is/are ranked 2 * , 1 is/are ranked 1 * , and 3 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Taurus Flexi Cap Fund - Direct Plan - Growth	2	233.07	-3.21	-8.78	-9.55	-3.51	18.51
Taurus Ethical Fund - Direct Plan - Growth	NA	84.07	-3.17	-6.58	-7.51	-2.30	21.69
Taurus Discovery (Midcap) Fund - Direct Plan - Growth	3	74.20	-4.06	-6.89	-3.70	3.90	24.82
Taurus Taxshield - Direct Plan - Growth	2	59.82	-1.06	-0.81	4.05	7.67	23.22
Taurus Largecap Equity Fund - Direct Plan - Growth	3	30.45	-2.27	-9.86	-11.92	-2.40	18.38
Taurus Banking and Financial Services Fund - Direct Plan - Growth	NA	8.91	-4.04	-9.29	-1.91	8.31	19.14
Taurus Infrastructure Fund - Direct Plan - Growth	NA	5.12	-2.52	-8.24	-7.25	-0.57	23.49
Taurus Nifty 50 Index Fund - Direct Plan - Growth	1	2.38	-4.69	-6.41	-2.54	0.16	25.10