Taurus Mutual Fund has launched the NFO for Taurus Fixed Maturity Plan Series T, a close ended debt scheme.
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.
The tenure of the scheme will be 91 days from the date of allotment. The scheme will invest 100% of its net assets in debt and money market instruments.
The scheme offers a growth and a dividend option. The
benchmark for the scheme’s performance will be the Crisil Liquid Fund Index.
The fund will be managed by Rahul Pal.
