Mumbai: Taurus Mutual Fund has introduced Taurus Opti Plans (TOP), which will be available to investors in all the open ended schemes of Taurus Mutual Fund where facility of Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP) has been provided.

There are two facilities under Taurus Opti Plans (TOP) viz. Taurus OptiSIP and Taurus OptiSTP.  By opting for TOP, investors can optimise the returns on their investment as they get to define the upper and lower limits of investment to be made at desired frequency to achieve their financial goal.  By doing so (defining limits), the customer will invest a higher amount within the defined limit and buy more units when the markets are low and vice versa.

Commenting on the introduction of new facilities Waqar Naqvi, CEO of Taurus Mutual Fund said, “We have introduced Taurus Opti Plans to provide more convenience and flexibility to investors.  We believe that this flexibility of investment amount in the facility will attract more investors and investments in this choppy and volatile market, where timing the market could go against the investor.”

The Taurus Opti Plans facility has been introduced with effect from 28^th September 2011.