Taurus Asset Management Company Limited

Taurus Mutual Fund is one of India’s largest privately-owned mutual fund houses, operating since 1993 when the industry was mostly dominated by government-owned entities. As one of the first private mutual funds to register with SEBI, Taurus has built a strong presence in the market over its 25 years of operation, offering a wide range of long-term and short-to-medium term funds. Its first fund, Taurus Starshare, continues to perform well today. Registered with SEBI under Code No. MF/002/93, Taurus Mutual Fund ranks among India’s top 10 mutual funds in terms of assets under management (AUM). The fund was a pioneer in receiving permission to manage investment portfolios for NRIs and FIIs. Over the years, Taurus has attracted significant investments from major global entities like the International Finance Corporation (IFC) and the European Commission Investment Corporation. Taurus Mutual Fund is managed by HB Portfolio Limited, with the Taurus Investment Trust Company serving as the board of trustees. Known for its technological sophistication, Taurus was an early adopter of online operations, enhancing its accessibility to investors across India's 29 states and 7 Union Territories. With over 5000 branches in more than 30 major cities and 50 smaller towns, Taurus has successfully penetrated a traditionally conservative market. The fund has undergone several management changes, including a 1999 merger between HB Mutual Fund and Taurus Mutual Fund, forming Creditcapital Asset Management Co. Ltd., which was later renamed Taurus Asset Management Co. Ltd. In 2002, Taurus expanded by acquiring parts of BOI Mutual Fund, further boosting its market share. To meet both domestic and international standards, Taurus has partnered with Deutsche Bank and HDFC Bank, the latter managing most of its assets and serving as a guarantor. As of 2024, Taurus Mutual Fund manages assets worth ₹739.26 crore and continues to be one of the fastest-growing mutual fund houses in India.