Taurus MIP Advantage

Taurus MIP Advantage

Monthly Income Plan with the Gold Difference

Taurus MIP Advantage is An Open-Ended Income Scheme. The scheme provides multi- level diversification, exposure through 3 major asset classes, viz. Debt, Equity and Gold (through Gold ETFs)

- Debt provides regular income and overall stability
- Equity could provide an overall kicker to the portfolio for higher returns
- Gold preserves purchasing power

What is the nature of Taurus MIP Advantage?
Taurus MIP Advantage is an open-ended income scheme

What is the investment objective of the Taurus MIP Advantage?
The investment objective of Taurus MIP Advantage is to generate regular income through a portfolio of fixed income securities, Gold ETFs and equity & equity related instruments.

However, the monthly income is not assured and is subject to availability of distributable surplus.

What is the investment strategy and what proportion of exposure will be in each asset class?

Debt Exposure (65 to 95%): Investment in GOI Securities/ Debt & Money Market Instruments of varying maturities. Exposure will generally be to high quality debt paper to ensure safety. The fund will endeavour to maintain the average maturity of the debt portfolio around 1 to 1.5 years depending upon the market conditions.

Gold ETFs (5 to 25%): Exposure to Gold will be through Gold ETFs only. A minimum of 5% exposure will be maintained to Gold at all times. % Exposure to Gold will depend upon Geo-political scenario, Global Financial stability, seasonal demand pattern in India and Rupee/USD exchange rate.

Equity & Equity related instruments (0 to 25%): Exposure to equity will be to provide the necessary kicker to generate alpha for the portfolio. Bottom-up stock selection primarily from the large cap space.

Exposure in Equity and Gold ETF combined will not exceed 35% in any case.

What are the benefits of investing in Taurus MIP Advantage?

	Regular monthly income subject to availability of distributable surplus
	Diversification is in multi assets that ensures stability and potential to deliver superior risk adjusted return
	Taurus MIP Advantage will take exposure to Gold (through Gold ETFs) besides exposure to Debt & Equity which a normal MIP does
	Historically gold has negative co-relation with equities and has been considered to be an hedge against inflation and is an ideal asset to diversify any portfolio
	Suitable for all market conditions as Fund Managers have flexibility to rebalance the portfolio in varying market scenarios
	Provides flexibility of regular income/capital growth

Who should invest in this fund?

	Investors looking to have exposure to 3 asset classes as part of asset re - allocation / diversification
	Investors not satisfied with low returns of fixed income products (in a rising interest rate scenario) yet not willing to take high risk
	Investors who have so far not looked at Gold as an investment option (except buying gold in the form of jewellery)
	Investors looking to regular income flows by making a lump sum investment
	Institutions / Corporates willing to enhance their treasury return with a little additional risk
	Addresses the needs of a retail investor who wants gold exposure but does not have a demat account

What are the key features of this fund?
Please refer to our latest Scheme Fact Sheet, click here.

Fund Manager:
Mr. Rahul Pal - VP, Head - Fixed Income (For debt)
Mr. Sadanand Shetty - VP & Senior Fund Manager – Equity (For Equity)

To invest in Taurus MIP Advantage, click here