Common Key Information Memorandum cum Application Form

Name of the SchemeTaurus MIP AdvantageKEY SCHEME FEATURESTaurus Dynamic Income FundProduct LabelingInvestment ObjectiveAsset Allocation Pattern of theSchemesThis product is suitable for investors who are seeking* :• Long Term Regular Income• Investment in Fixed Income securities, Gold ETF and Equity Instruments• Medium Risk (YELLOW)* Investors should consult their financial advisers if in doubt about whether the product issuitable for them. (YELLOW)Investors understand that their principal will be at medium risk.To generate regular income through a portfolio of fixed income securities, Gold ETFsand equity & equity related instrumentsDebt & Money Market Instruments : 65% - 95%Equity & Equity related instruments : 0 - 25%Gold ETF : 5% - 25%This product is suitable for investors who are seeking* :• Long term capital appreciation and current income with high liquidity• Investment in Debt/ Money Market Instruments• Low Risk (BLUE)* Investors should consult their financial advisers if in doubt about whether the product issuitable for them. (BLUE)Investors understand that their principal will be at low risk.To generate optimal returns with high liquidity through active management of theportfolio by investing in Debt and Money Market Instruments.Debt instruments with maturity more than an year : 1% - 100%Money Market instruments including CBLO, Debetures with residual maturity of less thanone year : 0 - 99%Investment StrategyRisk Profile of the SchemesRisk Management StrategiesPlease refer to page no. 11Mutual Fund Units involve investment risks including the possible loss of principal. Please read the SID carefully for details on risk factors before investment.Please refer to page no. 16 for Scheme specific Risk Factors.Please refer to page no. 18PlansExisting Plan & Direct Planfor details refer page no12Existing Plan & Direct Planfor details refer page no12Options Growth Dividend:• Payout• ReinvestmentGrowthDividend:• Payout• ReinvestmentApplicable NAVMinimum Application AmountDespatch of Repurchase(redemption) RequestBenchmark IndexDividend PolicyDate of AllotmentAUM (as on 31st May’13)No of Folios (as on 31st May’13)Fund Manager NameName of the Trustee CompanyDividend Option -`25000 & in multiples of `1 thereafter &Growth Option - `5000 & in multiples of `1 thereafterAdditional purchase (Growth & ividend): `1000/- & in multiples of `1/- thereafterRedemption: Any amount or any number of unitsPlease refer to page no. 10 & 12Within 10 working days of the receipt of the redemption request at the offices of Taurus Mutual Fund or designated centers of Karvy Computershare Pvt. Ltd., the R & T Agent of the schemes.75% Crisil MIP Blended Fund Index & 25% Price of Gold6th Aug'1073.05 (` in crs)1806Fixed Income: Rahul Pal & Co. Fund Manager: Kapil PunjabiEquity and Gold ETF:Sadanand ShettyTaurus Investment Trust Company LimitedFor details please refer page no. 12Purchase: `5000/- and in multiple of `1/- thereafterAdditional purchase : `1000/- & in multiples of `1/- thereafterRedemption: Any amount or any number of unitsCrisil Composite Bond Fund Index14th Feb'1169.48(` in crs)Performance of the Scheme Please refer page no 8 to 10485Fund Manger: Rahul Pal, Co. Fund Manager : Kapil PunjabiTaurus Investment Trust Company LimitedLoad StructureEntry Load - NilExit Load - 1% if exited before 180 days, Nil if exited after 180 daysEntry Load - NilExit Load - 1.00% if exited before 180 days & NIL if exited after 90 daysAlso please refer pager no 10 for details The AMC reserves the right to change/modify the load structure form a prospective dateRecurring Expenses(% p.a. of daily Net Assetsmaximumlimit)First `100 Crores 2.25%Next `300 Crores 2.00%Next `300 Crores 1.75%Balance 1.50%Refer page no. 16 for recurring expenses: At least 5% of the Total Expense Ratio (TER) will becharged towards distribution expenses/commissioin in the non-Direct Plan. The TER of the DirectPlan will be lower to the extent of the above mentioned distribution expenses/commission (atleast 5% of TER) which is charged in the non-Direct Plan. For example, in the event that the TER ofthe non-Direct Plan is 1% p.a., the TER of the Direct Plan would not exceed 0.95% p.a.First `100 Crores 2.25%Next `300 Crores 2.00%Next `300 Crores 1.75%Balance 1.50%Refer page no. 16 for recurring expenses: At least 5% of the Total Expense Ratio (TER) will becharged towards distribution expenses/commissioin in the non-Direct Plan. The TER of the DirectPlan will be lower to the extent of the above mentioned distribution expenses/commission (atleast 5% of TER) which is charged in the non-Direct Plan. For example, in the event that the TER ofthe non-Direct Plan is 1% p.a., the TER of the Direct Plan would not exceed 0.95% p.a.Expense Ratio (Un-audited)for the financial year 12-13Daily Net Asset Value (NAV)PublicationExisting Plan : 2.25% Direct Plan : 1.65% Existing Plan : 1.76% Direct Plan : 1.60%Exclusive of Service Tax on investment management & advisory fees. Expenses for Direct Plan are from the date of inception till March 31, 2013.The NAV will be declared on all business days and will be published in 2 newspapers. NAV can also be viewed on www.taurusmutualfund.com and www.amfiindia.com*Direct Plan introduced in all schemes w.e.f. 01/01/20135