Exit load structure changes in three schemes of Taurus Mutual Fund

Taurus Mutual Fund has announced a change in the exit load structure of Taurus Banking & Financial Services Fund, Taurus Infrastructure Fund and Taurus Nifty 50 Index Fund. Exit load of 1 per cent will now be charged if units are redeemed before 365 days of investment. Previously, a 0.5 per cent exit load was applicable on redemption before 7 days.

The change is effective from September 2, 2024, for all prospective investments in the fund.