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Taurus MF revises exit load in two of its schemes

Effective October 8, 2010, Taurus Mutual Fund has revised the exit load under Taurus Nifty Index & Taurus Bonanza Fund.

Under Taurus Nifty Index Fund, the fund house has introduced an exit load of 1% for redemptions made within 15 days of allotment & Nil after 15 days.

For investments under Taurus Bonanza Fund, an exit load of 1% will be charged for redemptions made within an year from the date of allotment & Nil after 1 year

The above load changes will be applicable to lump sum & SIP investments.