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Taurus MF: Change in Load Structure under some Schemes


With effect from April 16, 2009, the following changes in the load structure shall be applicable:

1. Taurus Ethical Fund Entry Load: 2.25% for investments of less than Rs. 2 crore and investments through SIP. Exit Load: For investments of less than Rs. 2 crores, 1% if redeemed within 6 months and 0.50% if redeemed after 6 months but before 12 months. For investments of Rs. 2 crores and more but less than Rs. 5 crores, 0.50% if redeemed within 6 months. For SIP, 1% for redemption of units made before 12 months.

Earlier, enty load of 2.25% and exit load of 2.25% (for redemptions within 1 year) was chargeable under the scheme.

2. Taurus ST Bond Fund - Institutional Plan

No exit load will be levied.

Earlier, exit load of 0.10% was applicable if redeemed within 3 months.

3. Taurus Income Fund

Exit Load: 2% if redeemed within 3 months and 1% if redeemed after 3 months but before 1 year.

Earlier, exit load of 2% was applicable if redeemed within 6 months and 1% if redeemed after 6 months but before 1 year.