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Taurus Mutual Fund announces change in exit load structure under various schemes

Capital Market/ 19:20 , Apr 10, 2013

With effect from 10 April 2013

Taurus Mutual Fund has announced change in exit load structure under following schemes with effect from 10 April 2013. Accordingly, the revised exit load structure will be:

Taurus Starshare, Taurus Infrastructure Fund, Taurus Ethical Fund, Taurus Bonanza Fund, Taurus Discovery Fund, Taurus Banking & Financial Services Fund and Taurus MIP Advantage Fund: 1% if exited before 180 days and nil if exited after 180 days.

Taurus Nifty Index Fund: 0.50% if exited before 30 days and nil if exited after 30 days

Taurus Dynamic Income Fund: 1% if exited before 90 days and nil if exited after 90 days

Switches:

Equity to equity: Exit load nil

Equity to ELSS: Exit load applicable as mentioned above

Equity to debt: Exit load applicable as mentioned above

Debt to equity/debt: applicable as mentioned above

 



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