Taurus MF launches 370 days Fixed Maturity Plan - Series 2

• Closed ended scheme to invest in debt and money market instruments
• Caters to retail and institutional investors
• Available in dividend and growth variants
• Gives double indexation advantage

Taurus MF launched a 370 days Fixed Maturity Plan (Series 2) on March 13th 2009. This plan focuses on investment in a portfolio of debt (including securitised debt) and money market instruments. This closed ended scheme with double indexation advantage is available until March 25, 2009.

Commenting on the launch, Mr. Waqar Naqvi, CEO, Taurus MF said “This scheme is ideal for investors who wish to generate income while minimizing risk over the short term. This scheme fits into our belief of creating wealth for investors.”

The NFO caters to retail and institutional investors and is available in dividend and growth variants. However, the units can be traded on the NSE prior to redemption in demat mode. The benchmark index for this scheme is CRISIL Short Term Bond Fund Index.

About Taurus Mutual Fund:
TAURUS Asset Management Company Limited was incorporated in 1994. It has around Rs.218 crores of average assets under management (as on 28th January 2009) and investor base of approximately 1.65 lacs. The company presently offers 8 mutual fund schemes through a network of 21 branches spread across 21 cities.

Prominent schemes of the fund house include Taurus Star Share (which was conferred the Lipper Award for the Equity Category for a three year performance), Taurus Bonanza Fund & Taurus Tax Shield