Taurus MF announces change in exit load under its schemes

Taurus Mutual Fund has announced change in exit load structures under Taurus Starshare, Taurus Infrastructure Fund, Taurus Ethical Fund, Taurus Bonanza Fund, Taurus Discovery Fund, Taurus Banking & Financial Services Fund, Taurus Nifty Index Fund, Taurus Short Term Income Fund and Taurus MIP Advantage Fund, with effect from June 15, 2015.

Accordingly, the revised exit load 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: If exited on or before 180 days, the exit load will be 1.00% and Nil if exited after 180 days.

Taurus Nifty Index Fund: If exited on or before 30 days, the exit load will be 0.50% and Nil if exited after 30 days.

Taurus Short Term Income Fund: If exited on or before 30 days, the exit load will be 0.25% and Nil if exited after 30 days.