Taurus Mid Cap Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- September 10, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
Taurus Mid Cap Fund Direct Growth Plan has a NAV of ₹135.55 as of 09 Sep 2026 and a scheme AUM of ₹139 Cr. Its 1-year, 3-year and 5-year returns are 5.36%, 8.80% and 12.45% respectively, and the scheme sits in the High Risk category.
Our view is that this fund suits investors who can tolerate uneven mid-cap swings and are willing to stay invested through shorter periods of weakness. The portfolio is reasonably diversified across 36 holdings, but the top positions still matter, so the fund can move meaningfully with a few stocks.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹135.55 as of 09 Sep 2026 |
| AUM | ₹139 Cr |
| Expense Ratio | 2.13% |
| Launch Date | 01 Jan 2013 |
| Min SIP | ₹500 |
| Risk Category | High Risk |
| Benchmark | Nifty Mid Cap |
| Fund Category | Equity |
| Exit Load | 1% on or before 365D, Nil after 365D |
| Fund Managers | Anuj Kapil, Hemanshu Srivastava |
The fund is managed by Anuj Kapil and Hemanshu Srivastava.
Source data date: as of 09 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | -1.22% | -2.04% |
| 3M | 11.79% | 4.88% |
| 1Y | 5.36% | 5.51% |
| 3Y | 8.80% | 15.36% |
| 5Y | 12.45% | 15.14% |
The recent picture is mixed but not weak. Over 1 month, the fund declined less than the benchmark, and over 3 months it moved ahead by a wide margin, which suggests a sharper rebound after earlier softness.
The 1-year number is close to the benchmark, but the 3-year and 5-year figures trail the index by a noticeable gap. That tells us the fund has not matched the benchmark’s longer compounding pace, even though its recent shorter-term stretch has improved relative to the index.
The longer pattern in the fund’s path shows a fair amount of movement rather than a smooth climb. It recovered well from earlier drawdowns, but the path has been uneven enough that short windows can look quite different from the multiyear picture.
For an investor, that means the fund’s recent bounce should not be read as a full reset of the longer trend. The benchmark still has the stronger multiyear record, so the fund’s case rests more on its ability to participate in mid-cap recoveries than on consistent outperformance across all periods.
Source data date: as of 09 Sep 2026
Should you BUY or HOLD Taurus Mid Cap?
A fund’s past returns alone don’t tell you whether you should buy it today or continue holding it.
The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.
Already holding Taurus Mid Cap? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| Taurus Mid Cap Fund Direct Growth Plan | 5.36% | 8.80% | 12.45% |
| HSBC Midcap Fund Direct Growth Plan | 22.93% | 24.35% | 19.48% |
| WOC Mid Cap Fund Direct Growth Plan | 16.16% | 21.78% | Data not available |
| Helios Mid Cap Fund Direct Growth Plan | 14.68% | Data not available | Data not available |
| ITI Mid Cap Fund Direct Growth Plan | 14.35% | 20.09% | 16.94% |
| Mahindra Manulife Mid Cap Fund Direct Growth Plan | 13.23% | 17.96% | 18.47% |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.
On the available return numbers, this fund sits well behind the strongest peer 1-year figures and also trails the peers with fuller 3-year and 5-year histories. The gap is most visible in the 1-year row, where several peers have meaningfully higher returns, while this fund has stayed close to the benchmark rather than far ahead of it.
The longer-term comparison is also softer. Among peers with 3-year and 5-year numbers, the fund is below those available figures, so the short-term recovery has not yet translated into a stronger multiyear showing. That said, the 3-month rebound is a useful counterpoint: it suggests the fund can participate in rallies, even if its longer compounding record remains modest.
Source data date: as of 09 Sep 2026
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Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| Sigma Advanced Systems Ltd. | Capital Goods | 7.97% |
| Persistent Systems Ltd. | IT | 5.62% |
| Coforge Ltd. | IT | 5.20% |
| Aurobindo Pharma Ltd. | Healthcare | 4.95% |
| Net Receivable / Payable | Cash & Cash Equivalents and Net Assets | 4.77% |
| Ge Vernova T&D India Ltd. | Capital Goods | 4.65% |
| Linde India Ltd. | Inds. Gases & Fuels | 4.62% |
| The Federal Bank Ltd. | Bank | 4.57% |
| Abbott India Ltd. | Healthcare | 4.07% |
| The Indian Hotels Company Ltd. | Hospitality | 3.86% |
The top 10 holdings account for approximately 50.28% of the portfolio.
To see all holdings, visit the Taurus Mid Cap Fund Direct Growth Plan page
The largest holding, Sigma Advanced Systems Ltd., is 7.97%, which is large enough to matter but not so dominant that it overwhelms the rest of the book. From the first holding to the tenth, the weights step down to 3.86%, so the portfolio is not built around one outsized position.
The mix of technology, healthcare, capital goods, banking and hospitality names suggests the fund may get performance support from multiple business themes rather than from a single sector call. At the same time, the top 10 still make up just over half of the portfolio, so the visible part of the book is meaningfully important.
With 36 disclosed holdings and 50.28% concentrated in the top 10, the fund looks moderately concentrated rather than highly fragmented. That structure could help the portfolio benefit from strong stock selection, but it also means individual holdings may have a noticeable impact on results.
Source data date: as of 09 Sep 2026
Who should invest
This fund is suited to investors with a high tolerance for mid-cap volatility and a long enough horizon to absorb stretches of lagging performance. The High Risk label fits the way the fund has behaved: the recent 3-month recovery is better than the benchmark, but the 3-year and 5-year figures are still softer than the index.
The trade-off is straightforward. You get exposure to a portfolio that can recover well in stronger market phases, but you must be comfortable with uneven multi-year compounding and stock-specific swings. That makes the fund more appropriate for investors who can stay patient through weaker stretches and who want an actively managed mid-cap allocation rather than a smooth-return product.
Tax and exit load
| Holding period | Tax rate | Description |
|---|---|---|
| Units held less than 1 year | 20% | Short-term capital gains tax |
| Units held more than 1 year | 12.5% | Long-term capital gains tax |
Exit load: 1% if units are sold on or before 365 days. No exit load after the holding period.
Source data date: as of 09 Sep 2026
Frequently asked questions
What is the current NAV of Taurus Mid Cap Fund Direct Growth Plan?
The current NAV is ₹135.55 as of 09 Sep 2026.
What are the fund’s 1-year, 3-year and 5-year returns?
The fund’s returns are 5.36% for 1 year, 8.80% for 3 years and 12.45% for 5 years.
How does it compare with the benchmark?
The fund is close to the benchmark over 1 year, but it trails the benchmark over 3 years and 5 years. Over 3 months, it has been stronger than the benchmark.
How does it compare with peer mid-cap funds on available returns?
Its 1-year, 3-year and 5-year figures are below the better peer numbers that are available. The short-term improvement is real, but the longer record remains softer than several peers.
Is there a minimum SIP amount?
Yes. The minimum SIP amount is ₹500.
Who manages the fund and what is the exit load?
The fund is managed by Anuj Kapil and Hemanshu Srivastava. The exit load is 1% if units are sold on or before 365 days, and there is no exit load after that holding period.
Bottom line
Taurus Mid Cap Fund Direct Growth Plan has improved in the short run, but its 3-year and 5-year record still trails the benchmark, so the longer trend remains less compelling than the recent bounce. Compared with peers, the available return figures are also softer. The fund carries High Risk and is built around a reasonably concentrated but not extreme set of holdings, with the top positions still likely to influence outcomes. It may fit investors who want mid-cap exposure and can stay patient through uneven stretches.
Published on 10 September 2026 at 2:14 PM IST
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RIA disclosure
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.