Taurus MF Files Another Offer Document With Sebi - Dec 16, 2008

Name of Fund: Taurus Quarterly Interval Fund Series QI-1, Type of Scheme: It is a debt oriented interval fund.Investment Objective: The investment objective of the Scheme is to generate returns with minimum volatility through investments in a portfolio of debt (including securitised debt) and money market instruments with a provision to offer liquidity at regular intervals. The Scheme does not guarantee any assured returns.

Investment Options: The Schemes will offer two plans i.e. retail and institutional plan with growth and dividend option. Dividend option will further offer dividend payout and dividend reinvestment sub options.

Asset Allocation: Under normal circumstances the scheme will invests upto entire corpus in the money market instruments with low risk profile and in government securities issued by central &/or state government & other fixed income / debt securities including but not limited to corporate bonds and securitised debt with low to medium risk profile.

Investment in securitised debt may go upto 50% of the net assets of the scheme. The scheme may, from time to time, hold cash for to meet the redemption requirements and to lag in deal date and value date of acquiring an asset.

NFO price: Rs 10 per unit, Entry Load: The scheme will not charge an entry load. Exit Load: The scheme will charge 3.00% of exit load if redeemed at anytime other than the Specified transaction period. Nil if redeemed during specified transaction period.

The Scheme is an interval scheme and each plan of the scheme shall be available for subscription/switch-ins and redemption/switch-outs, without any load during the specified transaction period which would be for a minimum of one business day and maximum of three business days.

The first specified transaction period would be available after 91 days from the date of allotment in the New Fund Offer. Subsequent Transaction Periods would be available after 91 days of the last business day of the previous Specified Transaction Period.

Minimum Investment Amount: The minimum investment amount under retail option is Rs 25,000 and in multiples of Re 1 thereafter and under institutional plan the minimum investment amount is Rs 5 lakh in multiples of Re 1 thereafter.

Minimum Targeted amount: The Fund seeks to collect a minimum subscription amount of Rs I crore under each series during NFO. Benchmark Index: CRISIL Short Term Bond Fund Index, Fund Manager: Kumar Nathani will manage the fund.