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Friday, February 20, 2009

Taurus MF waives exit load on Short Term Bond Fund

With effect from 24 February 2009

Taurus Mutual Fund has proposed to change the exit load for Super institutional plan under Taurus Short Term Bond Fund with effect from 24 February 2009.

Accordingly, the scheme will not charge any exit load. Presently, it charges 0.10% if redeemed within 3 days from the date of allotment.

Taurus Short Term Bond Fund is an open ended income scheme with the investment objective to maximize income through investment in a basket of debts, bonds, debentures, government securities and money market instruments etc., of varying maturity while maintaining safety and liquidity.

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