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Taurus Mutual Fund changes nomenclature to Regular Plan

Taurus Mutual Fund has changed the nomenclature of Existing Plan under all the schemes to Regular Plan.

The fund house has discontinued fresh subscription under bonus option of Taurus Ethical Fund. The effective date is June 15, 2015.

The fund house has also revised the exit load of the following funds, with effect from June 15, 2015:

Scheme NameExisting Exit LoadRevised Exit Load
Taurus Starshare1% if redeemed before 180 days1% if redeemed on or before 180 days
Taurus Infrastructure
Taurus Ethical
Taurus Bonanza
Taurus Discovery
Taurus Banking & Financial Services
Taurus MIP Advantage
Taurus Nifty Index0.50% if redeemed before 30 days0.50% if redeemed on or before 30 days
Taurus ST Income0.25% if redeemed before 1 month0.25% if redeemed on or before 1 month