Taurus Asset Management Company Limited manages assets worth 524 crores and was set up on 27 July 1993. It's current offering of mutual fund schemes includes 12 debt and 24 equity funds.See top Taurus Asset Management Company Limited funds
Taurus Mutual Fund was founded on 20th August 1993. The Compnay was formed after a merger between HB Mutual Fund and Taurus Mutual Fund. Taurus Mutual Fund Asset Management Company offers investment schemes for all segments of investors.
Taurus Asset Management Company Limited manages assets worth 524 crores and was set up on 27 July 1993. It's current offering of mutual fund schemes includes 12 debt and 24 equity funds.
Taurus Mutual Fund is one of the most steady-going fund houses in India. It is among few private sector mutual fund companies to be registered with SEBI. It was initially constituted as a trust on August 20, 1993, in accordance with the provisions of the Indian Trust Act 1882. Thereafter on September 21, 1993, Taurus Mutual Fund was registered with SEBI.
After getting a nod from SEBI, Taurus Mutual Fund launched its first India Mutual Fund Scheme- Taurus Starshare (Multi cap) Fund in early 1994. Not to mention, because of the consistent performance of the scheme, it is still operational.
Taurus Mutual Fund, however, is the first Mutual Fund company to receive permission to launch fully repatriable investments by NRIs/FIIs. Since then the scheme has received investment from IFC Washington, the European Economic Community, Brussels & EFM, UK.
About Taurus Asset Management Company
Thereafter, in 1999 a merger between HB Mutual Fund and Taurus MF was announced. Post amalgamation the HB Asset Management Company Limited was renamed as Creditcapital Asset Management Co. Ltd. However, this was again renamed as Taurus Asset Management Co. Ltd.
Subsequently thereafter, Taurus Asset Management Co. in march 2002 took over the schemes of BOI Mutual Fund. At present, the shares of Taurus Asset Management Co. Ltd is held by HP Portfolio Ltd. Needless to mention, the involvement of other HB Group of Companies.
Taurus Mutual Fund has since then established itself as a strong Company. With about 5 branches in top cities and representatives in smaller cities, it has made its presence across all demographics. Its distribution network consists of more than 4000 business associates.
Taurus Mutual Fund offers investment schemes for all segments of investors. It also offers a wide range of products in Equity, Debt and Equity Linked Saving Schemes. They strive to offer more innovative and investor-friendly schemes. With their strong investment team and expert researchers, they help their investors in creating long term wealth.
Their objective is to increase awareness among investors in order to grow faster. Their vision is to become one of the largest and most respectable fund houses in the Country. Taurus Mutual Fund Schemes are designed to offer investment solutions to its investors in order to help them gain annual returns.
How to Invest in Taurus Mutual Funds via Scripbox?
Time needed: 30 minutes.
Invest online via Scripbox. It is an easy and convenient process. All you need to do is follow the few simple steps mentioned below.
Visit the Scripbox Website for a list of Investment Plans
On the Scripbox Homepage click on the “Let’s Get Started” button. This will unlock a list of investment options as per your life goal. To start investing in Mutual Fund Scheme, pick any of the options best suited to your financial goal. Click on “Continue” to proceed with Mutual Fund Investment
Sign up to create an account
If you are an existing Scripbox member, Sign in with your details. When you sign in, a list of different investment options will appear on your screen. Scripbox allows investors to select the payment option. You can select “Every month SIP” or “One-time payment” option depending on your cash flow. The investment amount can be as per your financial goal and cash flow. Click on the “See Recommended Funds” to proceed for investment.
Check the Plan and Fund Allocation
A list of mutual funds to invest online and the allocated amount for the selected plan is shown on this page. Read the details before proceeding ahead. If you wish to change the fund or amount, you can do that by clicking on the option, “I want to change Funds/ Amount.” Now click on the”Next” button to make the payment.
Bank Details and Money Transfer
In the last step, you need to enter the bank account and PAN details. Scripbox provides a secure environment for payment. A bank account is used for investing and crediting the redemption proceeds only.
KYC Required To Invest In Taurus Mutual Fund
KYC stands for “Know Your Customer”. It helps in identifying an investor through relevant documents. SEBI has prescribed certain guidelines for KYC. An investor has to fulfil the KYC procedure before investing in a SEBI registered mutual fund companies. A KYC form will include details of identity, address, financial status, occupation, and demographic information.
You can get your KYC done with Scripbox. The following KYC documents required by Resident Indians and PIO residing in India:
Photograph
Pan Card
Address proof (Aadhar Card (Both Front & Back) / Driving License/ Passport/ Voter ID Card)
KYC Authorisation Letter. (Please write on a paper that “I authorize Scripbox to do my mutual fund KYC” & sign below it)
Video Selfie: Record a video by facing the camera for 5 seconds.
One can upload the clear colour scanned copies of their KYC documents during the registration itself. Or. They could share your KYC documents at help@scripbox.com or WhatsApp it to us on +91-8884448026.
Fund Managers of Taurus Mutual Fund
Fund Managers are professionals who manage various assets. They also help investors achieve their financial goals. They are the person who directs the fund management decisions.
Moreover, choosing an active fund manager for managing your investments is one of the most important things to do.
Here is a list of top-performing Fund Managers of Taurus Mutual Fund. These funds managers are from Equity as well as Debt Schemes.
Equity Fund Managers
Mr. Waqar Naqvi
Mr Naqvi is the CEO of Taurus Mutual Fund. He has close to 27 years of experience investment, finance and mutual fund industry.
His extensive career spans across all facets of financial services. Not to mention, his speciality lies in asset finance and asset management.
Prior to joining Taurus Mutual Fund, he worked with Thermax, Apple Finance, Escorts Finance and GE TFS Ltd.
His last stint prior to joining Taurus Mutual Fund was at Birla Sun Life Asset Management Company. He worked there as Business Head, Portfolio Management Service and Offshore / International Business Service.
Academically, Mr Naqvi is an ICWA from 1991 batch. In addition, he is also an MBA specializing in Finance and Market.
Mr. Prasanna Pathak
Mr Pathak is the Head of Equity and Fund Manager at Taurus Mutual Fund. He has over 17 years of experience in the field of research as well as Finance and Money Management.
He has earlier worked with some very esteemed organizations like UTI Mutual Fund, IndiaFirst Life Insurance and Hindustan Unilever Ltd.
Mr Pathak is a B.Tech (Chemical) from LIT. In addition, he has also done his PGDM (Finance) from S.P. Jain Institute of Management-Mumbai.
Debt Fund Managers
Mr. Dheeraj Singh
Mr Singh is the Head of all Investments at Taurus Mutual Fund. He has extensive experience in multiple segments of the financial services in India Mutual Fund and abroad.
Earlier he worked with Sundaram Asset Management Company. He worked at various positions before becoming the Head of Fixed Incomes.
Presently at Taurus Mutual Fund he is responsible for all Equity and Debt investment schemes.
