Schemes - Product Labeling

1 TIMESQUARTERLY FACTSHEET JUNE 2017 Mutual Fund investments are subject to market risks, read all scheme related documents carefullySchemes - Product LabelingName of the Scheme This Product is suitable for Investors who are seeking* RiskometerTaurus Starshare Long term capital appreciationAn open - ended equity growth scheme Investment in equity & equity related instruments - multi-cap in natureTaurus Bonanza Fund Long term capital appreciationAn open - ended equity growth scheme Investment in equity & equity related instruments - focus on large cap stocksTaurus Discovery Fund Long term capital appreciationAn open - ended equity growth scheme Investment in equity & equity related instruments through price discovery mechanism-mid cap in natureTaurus Nifty Index Fund Long term capital appreciationAn open - ended index linked equity scheme Investment in equity securities by replicating Nifty 50 Taurus Tax Shield Long term capital appreciationAn open - ended equity linked tax saving

2 Scheme Investment in equity & equity related instrumentsTaurus Ethical Fund Long term capital appreciationAn open - ended equity oriented scheme Investment in equity & equity related instruments based on the principles of ShariahTaurus Infrastructure Fund Long term capital appreciationAn open - ended equity thematic scheme Investment in equity & equity related instruments of companies from Infrastructure SectorTaurus Banking & Financial Services Fund Long term capital appreciationAn open - ended sectoral equity scheme Investment in equity & equity related instruments of companies from Banking & Financial sectorTaurus Dynamic Income Fund Long term capital appreciation andAn open - ended income scheme current income with high liquidity Investment in Debt/ Money Market InstrumentsTaurus Short Term Income Fund Medium term capital appreciationAn open - ended bond scheme and current income with low volatility Investment in Debt/Money Market InstrumentsTaurus Ultra Short Term Bond Fund Short term capital appreciation andAn open - ended debt scheme current income with high liquidity & low volatility Investment in Debt/ Money Market InstrumentsTaurus Liquid Fund Short term capital appreciation &An open - ended liquid scheme current income with low risk & high liquidity Investment in Money Market Instruments /Short Term Debt Instruments upto a maturity of 91 yletaredoMwoLeraodteMModerately HighHighInvestors understand that their principal will be at moderately high risk *Investors should consult their financial advisers if in doubt about whether the Product is suitable for yletaredoMwoLeraodteMModerately HighHighInvestors understand that their principal will be at high risk LOWHIGHwoL yletaredoMwoLeraodteMModerately HighHighInvestors understand that their principal will be at moderate risk

3 LOWHIGHwoL yletaredoMwoLeraodteMModerately HighHighInvestors understand that their principal will be at moderately low risk LOWHIGHwoL yletaredoMwoLeraodteMModerately HighHighInvestors understand that their principal will be at low risk Dear Friends,After 10 years of effort, India's new goods and services tax (GST) has taken effect on 1 July 2017 , ushering in one of the most significant reforms in the country's history. This major reform opens a new chapter for India in terms of economic growth prospects, way of doing business and most importantly strengthening the formal economy and increasing the tax base of the country. The timing of the GST implementation in India could not have been better as inflation is under control, the Indian Rupee is stable, and digitization thrust is at its peak. GST would broaden the formal economy and increase the tax base in the country, directing the Governments focus in infrastructure development and easing Government control across sectors.

4 Demonetization just before the GST implementation will now be seen as blessing in disguise as awareness of digitization increased even among the smaller businesses. India is set to climb up in ease of doing business ranking now. Infact the countries participating in the G20 Summit have praised the Indian government for its efforts in the areas of startup funding, ease of doing business and labour reforms. Even rating-agency Moody's said that over the medium term, GST will contribute to productivity gains and a higher GDP growth, thus boosting India's attractiveness as an investment destination. We feel all this may improve India's credit profile, sooner than is expected to have a benign impact on inflation and is expected to boost GDP by 1-2% in the long run with some short term disruption. Over the years, corporate India has postponed private investment in core sectors. We strongly believe that GST is likely to be game changer for India as idled capacities are likely to be rekindled giving operating leverage to companies and fresh capacities are likely to be added across sectors as the share of organized sector market is likely to remain volatile in the short to medium term as sentiments would be driven by hostile situations prevailing near Indo-China border and North Korea's Inter Ballistic Missile tests.

5 Also, GST may distort earnings in the short term, may be a quarter, which may compel investors to remain on the sidelines. However, we strongly believe, against consensus belief, that the GST is likely to get absorbed sooner as businesses cannot do away with it, but to adopt it. Also, satisfactory monsoon progress and strong liquidity flows may absorb corrections in the the Global front, macros appears to be improving supported by manufacturing activity, global trade growth and rising property prices in the major economies. Uneasiness amid the apparent shift among global central banks to a more-hawkish stance hampered the market sentiments. On geopolitics, situation in both Middle East and Korean peninsula remains Investing!Prasanna PathakFund Manager - EquityFROM THE INVESTMENT DESKHOUSE OF TAURUSINDEX Page TAURUS STARSHARE ..1 (AN OPEN-ENDED EQUITY SCHEME WITH A FOCUS ON MULTI CAP STOCKS)2 TAURUS ETHICAL FUND ..2 (AN OPEN-ENDED EQUITY ORIENTED SCHEME)3 TAURUS INFRASTRUCTURE FUND.

6 3 (AN OPEN-ENDED EQUITY THEMATIC SCHEME)4 TAURUS TAX SHIELD ..4 (AN OPEN-ENDED EQUITY LINKED SAVING SCHEME (ELSS))5 TAURUS NIFTY INDEX FUND ..5 (AN OPEN-ENDED INDEX LINKED EQUITY SCHEME)6 TAURUS BONANZA FUND ..6 (AN OPEN-ENDED EQUITY SCHEME WITH A LARGE CAP FOCUS)7 TAURUS DISCOVERY FUND ..7 (AN OPEN-ENDED EQUITY FUND WITH MID CAP AND SMALL CAP FOCUS)8 TAURUS BANKING & FINANCIAL SERVICES (AN OPEN-ENDED SECTORAL EQUITY SCHEME)9 TAURUS ULTRA SHORT TERM BOND FUND ..9 (AN OPEN-ENDED DEBT SCHEME) 10 TAURUS LIQUID FUND ..10 (AN OPEN-ENDED LIQUID SCHEME)11 TAURUS SHORT TERM INCOME (AN OPEN-ENDED BOND SCHEME) 12 TAURUS DYNAMIC INCOME (AN OPEN-ENDED INCOME SCHEME)1 TAURUS STARSHARE - (AN OPEN-ENDED EQUITY SCHEME WITH A FOCUS ON MULTI CAP STOCKS)Fund Manager's Comment: Scheme will remain oriented towards absolute ideas to generate its Alpha returns in the portfolio and it remains positive on themes like financial inclusion, formalization of economy, housing for all, agriculture and rural economy plays and increased government spend.

7 Scheme will try to maintain a judicious blend of high quality large cap and mid-cap EQUITY SECTOR ALLOCATION SCHEME FEATURES Investment ObjectiveThe basic objective of the Scheme is to provide long-term capital appreciation. Emphasis will be on sharing growth through appreciation as well as on distribution of income by way of dividend. Fund Manager Mr. Prasanna Pathak - Total work exp. 14 yrs Date of Allotment January 29, 1994 Benchmark S&P BSE 200 Monthly AUM Monthly Average AUM: ` Cr. Month End AUM: ` Cr. Load Structure Entry Load - NIL Exit Load - Upto any amount (Including SIP): if exited on or before 180 days Nil if exited after 180 days Switch: Equity to Equity-Exit Load Nil, Equity to ELSS/Debt exit load applicable as mentioned above. Minimum Application Amount: ` 5000/- & multiples of ` 1/- thereafter. Liquidity Sale & repurchase on all business days. Net Asset Value (NAV) Face Value `10/- Regular Plan: ` (D), (G) per unit.

8 Direct Plan: ` (D), (G) per unit. NAV Calculation: All Business days. Expense Ratio: Regular Plan: Direct Plan: (Excluding service tax on investment management fees) Quantitative Data Regular Plan : Sharpe Ratio: Standard Deviation: Beta: (Based on monthly returns over the past 3 years Mibor has been assumed as the risk-free rate of return) Portfolio Turnover: on 30th June 2017 Name of the scrip % to Net Assets Top 10 Holdings HDFC Bank Ltd. ITC Ltd. Reliance Industries Ltd. ICICI Bank Ltd. Housing Development Finance Corporation Ltd. Maruti Suzuki India Ltd. Godrej Industries Ltd. Larsen & Toubro Ltd. Aditya Birla Nuvo Ltd. Motherson Sumi Systems Ltd. Total Top 10 Holdings Total - Equity Cash & Cash Receivables Total Month & Year Regular Plan Direct Plan Gross Dividend per unit(`) Gross Dividend Per unit(`)June 2017 2017 HISTORYP ursuant to payment of dividend, the NAV of the Scheme will fall to the extent of the dividend and statutory levy, if any.

9 Past performance may or may not be sustained in the dividends are on face value of `10 per unit. For complete details of the dividend declared please log on to MetalsHotels, Resorts And Other Recreational ActivitiesPowerIndustrial Capital GoodsAuto AncillariesServicesGasConstruction ProjectChemicalsCementPetroleum ProductsSoftwareAutoFinanceConsumer Non DurablesBanksNote: Mr. Sadanand Shetty has since resigned from the services of the Company and Mr. Prasanna Pathak has been appointed as the new Fund Manager Equity June 30, ETHICAL FUND - (AN OPEN-ENDED EQUITY ORIENTED SCHEME)Fund Manager's Comment: Portfolio composition has decisively moved towards absolute ideas with growth tailwinds. Portfolio is underweight in Pharma and IT sector while being overweight in Oil and Gas, Consumption and Capital EQUITY SECTOR ALLOCATIONDIVIDEND HISTORYThe scheme has not declared any dividend in last three months SCHEME FEATURES Investment ObjectiveTo provide capital appreciation and income distribution to unitholders through investment in a diversified portfolio of equities, which are based on the principles of Shariah.

10 Fund Manager Mr. Prasanna Pathak - Total work exp. 14 yrs Date of Allotment April 6, 2009 Benchmark S&P BSE 500 Shariah Monthly AUM Monthly Average AUM: ` Cr. Month End AUM: ` Cr. Load Structure Entry Load - NIL Exit Load - Upto any amount (Including SIP): if exited on or before 180 days Nil if exited after 180 days Switch: Equity to Equity-Exit Load Nil, Equity to ELSS/Debt exit load applicable as mentioned above. Minimum Application Amount: ` 5000/- & multiples of ` 1/- thereafter. Liquidity Sale & repurchase on all business days. Net Asset Value (NAV) Face Value `10/- Regular Plan: ` (D), (G) (B) per unit. Direct Plan: ` (D), (G) (B) per unit. Note : Bonus option discontinued for fresh / additional subscription 15/06/2015 NAV Calculation: All Business days. Expense Ratio: Regular Plan: Direct Plan: (Excluding service tax on investment management fees) Quantitative Data Regular Plan : Sharpe Ratio: Standard Deviation: Beta: (Based on monthly returns over the past 3 years Mibor has been assumed as the risk-free rate of return) Portfolio Turnover: Name of the scrip % to Net Assets Top 10 Holdings Maruti Suzuki India Ltd.