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Taurus Mutual Fund launches two FMPs


Taurus Mutual Fund today announced the launch of two closed-end debt schemes – Taurus Fixed Maturity Plan 120 Days – Series I and Taurus Fixed Maturity Plan 180 Days – Series I.

Taurus Fixed Maturity Plan 120 days – Series I opens for subscription on September 17, 2010 to September 22, 2010. The duration of the fund will be for 120 days from the date of allotment, September 17, 2010. The performance of this fund will be benchmarked against the Crisil Short Term Bond Index.

Taurus Fixed Maturity Plan 180 days – Series I will open for subscription from September 22, 2010 to September 23, 2010. The duration of the fund will be for 180 days from the date of allotment, September 22, 2010. The performance of this fund will be benchmarked against the Crisil Short Term Bond Index.