Rahul Pal joins Taurus Mutual Fund as Head - Fixed Income

Mr. Rahul Pal has joined Taurus Mutual Fund in the capacity of Vice President as Head of Fixed Income, w.e.f 1st June 2010.

Rahul has 9 years of work experience with expertise in Fixed Income investments. In his last assignment at Sundram BNP Paribas Mutual Fund, Rahul was designated as Vice President & Fund Manager-Fixed Income. In his 6 years stint at Sundram BNP Paribas MF, he managed designated debt schemes in accordance with the investment philosophy and objectives, to achieve returns which meet the aspirations of the investor through the process of strategic fund management.

Rahul started his career at IDBI, where he worked for 3 years in Treasury as Manager. Rahul comes with an experience of active trading and investments in all kinds of debt Instruments and is considered good at bond analysis and preparing a strategy for optimum deployment of funds in the various instruments to maximize yield, apart from a good knowledge of dealing in Derivatives viz Interest Rate Swaps.

Mr. Waqar Naqvi CEO Taurus Mutual Fund commented on Rahul's appointment by saying "In Rahul I see all the qualities backed by qualification and experience that is required for this top position on the Fixed Income side at our Fund House. The Fixed Income growth at Taurus has been very fast paced and Rahul's appointment would strengthen the existing investment set up and keep the momentum in control".

About Taurus Mutual Fund:
Taurus Mutual Fund is one of the fastest growing asset management company with 1007.25 % YOY growth in Average AUM between March 2009-2010. Taurus Mutual Fund offers investment for all categories of investors, with 6 Equity oriented schemes, 4 Debt based schemes and an Equity Linked Savings Scheme, in the open ended product basket. It was amongst the first few private sector Mutual Funds registered with SEBI.

Taurus Mutual Fund has established its presence across demographics of the country. With branches in top 14 cities and representative in smaller cities, Taurus Mutual Fund's distribution network is strongly supported by more than 4000 outlets of business associates.