Taurus Mutual Fund announces change in fund manager

Taurus Mutual Fund has announced that Mr Kapil Punjabi has resigned from the services and has been relieved on February 27,  2014. Mr Punjabi was primary Fund Manager of Taurus Liquid Fund & Taurus Ultra Short Term Bond Fund and Co - Fund Manager of Taurus Short Term Income Fund, Taurus Dynamic Income Fund, Taurus Gilt Fund, Taurus MIP Advantage (debt portion), Taurus Fixed Maturity Plan Series Y (366 days) & Taurus Fixed Maturity Plan Series Z (377 days).

With the resignation of Mr Kapil Punjabi, Mr Rahul Pal will now be the sole Fund Manager for all the debt schemes of Taurus Mutual Fund, with effect from February 28, 2014.