Taurus MF introduces Taurus Fixed Maturity Plan -Series M (370 Days)
Time - 30/01/2012 : 11:31
Taurus Mutual Fund has launched the New Fund Offer (NFO) Taurus Fixed Maturity Plan -Series M (370 Days), a close ended debt scheme.
The NFO opens for subscription on January 30, 2012 and closes on February 2, 2012. No entry and exit load charges is applicable for the scheme. The scheme offers dividend payout and growth option. The duration of the scheme is 370 days from the date of allotment of units
The scheme will be benchmark against CRISIL Short Term Bond Fund Index. The minimum application amount is Rs 5000 and in multiples of Rs 10 thereafter.
The scheme will be managed by Rahul Pal.
The investment objective of the scheme is to generate income with minimum volatility through investments in a portfolio of debt and money market instruments maturing on or before the maturity of the scheme.
