Taurus Mutual Fund announced changes in the exit load structure for Taurus Starshare as well as Taurus Infrastructure Fund, Taurus Bonanza Fund, Taurus Discovery Fund, Taurus Ethical Fund, Taurus Tax Shield Scheme, Taurus Gilt Fund, Taurus Income Fund, Taurus Short Term Bond Fund. The exit load structure includes for Systematic Investment Plan (SIP) applications. The change will be effective from August 17, 2009.
Taurus Starshare, Taurus Infrastructure Fund, Taurus Bonanza Fund, Taurus Discovery Fund & Taurus Ethical Fund:
An exit load of 1% will be charged for any investment amount in growth and dividend option in equity scheme if exited before 3 years while the exit load charge will be nil if exited after 3 years.
Taurus Ethical Fund includes bonus option apartment from growth and dividend option.
Taurus Starshare, Taurus Infrastructure Fund, Taurus Bonanza Fund, Taurus Discovery Fund & Taurus Ethical Fund:
An exit load of 1% will be charged for any investment amount in growth and dividend option in equity scheme if exited before 3 years while the exit load charge will be nil if exited after 3 years.
Taurus Ethical Fund includes bonus option apartment from growth and dividend option.
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