Taurus Mutual Fund has launched Taurus Fixed Maturity Plan 367 Days Series C, a close-ended income scheme.
The investment objective of the scheme is to generate income with
minimum volatility through investments in a portfolio of debt and money
market instruments maturing on or before the maturity of the scheme. The
tenor is 367 days.
The new issue closes on 11th March. The minimum investment amount is Rs5,000.
CRISIL Short Term Bond Fund Index is the benchmark index. Rahul Pal and Pankaj Jain are the fund managers.