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Taurus FMP 90D Series 1: NFO Extension

Taurus FMP 90D Series 1 has extended its NFO upto October 23, 2008. This is a closed-ended debt scheme having a tenure of 90 days.

Details of the offer:
Plans / Options: Retail and Institutional Plans, each with Growth and Dividend (payout and re-investment) options.
Minimum amount of application: Rs. 5000 (Retail) and Rs. 10 lacs (Institutional).
Fund manager: Kumar Nathani.
Load: Exit load of 1% is applicable if investment is redeemed before 90 days.
Indicative yield: 10.10% p.a. (Retail) and 10.60% p.a. (Institutional).
Benchmark: Crisil Liquid Fund Index.