Taurus Mutual Fund has launched a close ended income plan -Taurus Fixed Maturity Plan Series T- (91 Days).
The NFO opens for subscription on May 22, 2012 and closes on May 24, 2012. No entry and exit load charge is applicable for the scheme. The minimum application amount is Rs 5000 and in multiples of Rs 1 thereof.
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. However, there is no assurance or guarantee that the objectives of the scheme will be realized and the scheme does not assure or guarantee any returns.
