- The scheme opened for subscription on November 24, 2011 and closes on November 29, 2011
Taurus Mutual Fund has announced the New Fund Offer (NFO) Taurus Quarterly Interval Fund - Series 1, an interval income scheme with interval period at quarterly frequency. NFO opened for subscription on November 24, 2011 will close on November 29, 2011. No entry and exit load charges will applicable for the scheme. The scheme offers dividend payout and growth option.
The scheme will be benchmark against CRISIL Liquid Fund Index. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The fund manager for the scheme will be Pankaj Jain.
The investment objective of the scheme is to generate returns through investments in a portfolio of debt and money market instruments which mature on or before the opening of the immediately following specified transaction period.
Get Breaking news, live coverage, and Latest News from India and around the world on NDTV.com. Catch all the Live TV action on NDTV 24x7 and NDTV India. Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.