Taurus introduces SIP and STP facility under open ended schemes
Mumbai: Taurus Mutual Fund has introduced Taurus Opti Plans (TOP), which will be available to investors in all the open ended schemes where facility of SIP and STP has been provided with effect from September 28, 2011.
There are two facilities under the scheme: Taurus OptiSIP and Taurus OptiSTP. Through this facility, investors can optimise the returns on their investment as they get to define the upper and lower limits of investment to be made at desired frequency to achieve their financial goal. The investor will invest a higher amount within the defined limit and buy more units when the markets are low and vice versa.
Waqar Naqvi, CEO of Taurus Mutual Fund says, "We have introduced Taurus Opti Plans to provide more convenience and flexibility to investors. We believe that this flexibility of investment amount in the facility will attract more investors and investments in this choppy and volatile market, where timing the market could go against the investor.”
