Taurus Flexi Cap Fund
Direct · GrowthAI Summary
Taurus Flexi Cap Fund has delivered a 3Y SIP XIRR of 13.29% and a 5Y XIRR of 11.9%, but it trails the category average SIP XIRR across every period — for example, 13.29% vs 14.89% over 3Y and 11.23% vs 16.09% over 10Y. Against the NIFTY 50, the fund shows positive alpha over the recent 1Y (9.0%), 3Y (4.99%) and 5Y (3.09%) windows, though alpha turns negative over 10Y (-0.83%) and 15Y (-0.26%). This indicates recent outperformance versus the benchmark but weaker long-term relative performance versus both benchmark and peers.
The fund's beta of roughly 0.93-1.02 across windows indicates market-like volatility, while downside capture consistently below 100% (e.g., 88.94% over 1Y and 94.43% over 5Y) suggests it falls less than the index in weak markets. It has experienced 8 drawdown events greater than 10%, with a maximum drawdown duration of 790 days and a 287-day recovery, which highlights meaningful extended drawdown risk. Calmar ratios between 0.23 and 0.31 across horizons indicate modest risk-adjusted efficiency.
The portfolio holds 39 stocks with a diversified top-10 mix led by HDFC Bank (7.39%), ITC (6.61%), and Sigma Advanced Systems (5.85%). Banks dominate sector allocation at 20.6%, followed by Pharmaceuticals (7.1%), FMCG (6.6%), IT (6.6%), and Aerospace & Defense (5.8%). The presence of mid-sized names like Sigma Advanced Systems and Advit Jewels alongside large-cap banks suggests a flexi-cap approach with some conviction bets.
The fund consistently underperforms the category average SIP XIRR in every measured period, with gaps of roughly 1.6 percentage points over 3Y (13.29% vs 14.89%) and nearly 4.9 percentage points over 10Y (11.23% vs 16.09%). Its recent alpha versus NIFTY 50 shows improvement over the last 1-5 years, but long-horizon lump-sum CAGRs (9.58% over 12Y vs benchmark 9.79%) show it has merely matched the index. Overall, it sits in the lower tier of its category on consistency of relative performance.
This fund may suit investors seeking a diversified flexi-cap allocation with a long horizon of 7-10 years or more and tolerance for extended drawdowns, given the 790-day maximum drawdown duration. However, investors prioritizing category-leading SIP returns should note the fund's persistent underperformance versus peers. It is best considered as a satellite holding rather than a core flexi-cap allocation at this time.
- Strong recent alpha versus NIFTY 50, including 9.0% over 1Y and 4.99% over 3Y
- Downside capture below 100% across most windows (e.g., 88.94% over 1Y), indicating better-than-index protection in falling markets
- Diversified 39-stock portfolio with a balanced mix of large-cap banks, FMCG, pharma, and growth sectors like aerospace and defense
- SIP XIRR trails the category average in every period, with a gap of nearly 4.9 percentage points over 10Y (11.23% vs 16.09%)
- High expense ratio of 2.63% (Direct plan), which weighs on net returns
- Long maximum drawdown duration of 790 days with 8 drawdown events exceeding 10%, indicating prolonged recovery periods
Generated on 03-09-2026, 3:10 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.51 L | 13.7% | -60.5% | 70.9% |
| 3 Years | ₹36.00 L | ₹42.53 L | 10.7% | -26.8% | 30.0% |
| 5 Years | ₹60.00 L | ₹77.76 L | 10.3% | -13.5% | 24.4% |
| 7 Years | ₹84.00 L | ₹1.20 Cr | 10.2% | -6.1% | 18.6% |
| 10 Years | ₹1.20 Cr | ₹2.13 Cr | 11.1% | 6.9% | 14.9% |
| 12 Years | ₹1.44 Cr | ₹2.85 Cr | 10.8% | 7.9% | 13.3% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 13.7% | 14.4% | 15.6% | -0.7% |
| 3 Years | 10.7% | 11.1% | 14.9% | -0.5% |
| 5 Years | 10.3% | 10.4% | 15.6% | -0.1% |
| 7 Years | 10.2% | 10.6% | 15.6% | -0.4% |
| 10 Years | 11.1% | 11.5% | 16.1% | -0.3% |
| 12 Years | 10.8% | 11.4% | 15.4% | -0.6% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 12.9% | 7.5% | -36.0% | 77.5% | 0.34 | 0.79 | 72% | — | — |
| 3 Years | 11.0% | 11.8% | -10.5% | 25.8% | 0.71 | 1.48 | 93% | — | — |
| 5 Years | 10.2% | 10.4% | -4.9% | 24.3% | 0.74 | 2.10 | 98% | — | — |
| 10 Years | 10.6% | 10.3% | 7.6% | 13.5% | 3.36 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +9.00 | 0.98 | 101.0% | 88.9% | 6.3% | -2.9% |
| 3 Years | +4.99 | 1.02 | 103.3% | 96.9% | 12.8% | 7.8% |
| 5 Years | +3.09 | 0.99 | 98.6% | 94.4% | 10.9% | 7.8% |
| 7 Years | +1.24 | 0.93 | 93.5% | 91.6% | 12.7% | 11.8% |
| 10 Years | -0.83 | 0.94 | 93.9% | 94.2% | 9.7% | 10.8% |
| 12 Years | -0.04 | 0.95 | 94.7% | 94.2% | 9.6% | 9.8% |
| 15 Years | -0.26 | 0.95 | 95.5% | 95.4% | 9.3% | 9.7% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | HDFC Bank Ltd. | 7.39% |
| 2 | ITC Ltd. | 6.61% |
| 3 | Sigma Advanced Systems Ltd. | 5.85% |
| 4 | Divi's Laboratories Ltd. | 5.35% |
| 5 | ICICI Bank Ltd. | 4.52% |
| 6 | Bharti Airtel Ltd. | 3.61% |
| 7 | Advit Jewels Ltd. | 3.56% |
| 8 | Mahindra & Mahindra Ltd. | 3.46% |
| 9 | Axis Bank Ltd. | 3.26% |
| 10 | Reliance Industries Ltd. | 3.21% |