Taurus Mutual Fund has rolled out a new 370-day close-ended debt fund, MoneyGuru India reports. The Taurus Fixed Maturity Plan -Series G will invest in a portfolio of debt and money market instruments maturing on or before the maturity of the scheme. The product, which will be listed on the National Stock Exchange, will offer growth and dividend option and will not invest in securitized debt. The fund will track the Crisil Short Term Bond Fund Index and be managed by Rahul Pal and Pankaj Jain.
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