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
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