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					                                                                                                Taurus Mutual Fund
                                                                                 305, Regent Chambers, 208 Jamnalal Bajaj Marg, Mumbai - 400 021.
                                                                                                    Phone: 022 - 2826598/99

An Open-End Growth Scheme                                                                                 TAURUS THE STARSHARE
1. This Application Form can be completed by all investors (Residents/FRIs/FIIS/OCBs etc.)
2. The Application Form should be filled in block letters.                                                                                                                                              Serial No. .....................................
3. Please read instructions and the Offer Document before completing the Application Form
               BROKER'S/AGENT'S                                                     SUB-BROKER'S                                             MINIMUM SUBSCRIPTION IN MULTIPLES OF RS. 1000
                 NAME & CODE                                                            CODE                                                                THEREAFTER                                                                              RS. 1000
                                                                                                                                            D          DAY                 MONTH                                                                 YEAR
         CAPITAL MARKET                                                                                                                     A
        20-02102-0                                                                                                                          T
              15015009                                                                                                                      E
  AMOUNT TO BE INVESTED                                                                                                                  Present Folio No.
  Amount in Rs./Other Currency                                                                       Cheque/Draft                                               Drawn on                                                    MODE OF PAYMENT
                                                                                                                                                                                                                           (TICK AS APPLICABLE)
  In Figures                                                                             No :                                                 Bank :                                                           Local          NRE            FCNR             Direct

  In Words :                                                                             Date :          /       /                            Branch :


  Sole / First Applicant
  (NAME IN FULL)                          Mr. / Ms. / Mr. .................................................................................................................................................................................................................
  Mailing Address ...................................................................................................................................................................................................................................................
                                                                        DIST.                                                      STATE                                                                                        PIN
  Occupation                 Business Person                                             Service                                       Professional                                         Retired                                        Housewife

  Telephone No.(s)                         Off.                                                      Res.                                                      Fax                                                    E-mail
  Overseas Address ...............................................................................................................................................................................................................................................
  (FOR NRIs ONLY) ...............................................................................................................................................................................................................................................
                                                                                                                                                                                                                      PIN
  Date of Birth                                                       PAN / GIR No. (REFER INSTN. 5)                                                                               Circle / Ward / District

  Status (Please tick)              1. Individulas                               2. On behalf of Minor                                    3. HUF                             4. Company                                   5. Partnership Firm
  6. AOP / BOI                     7. Body Corporate                             8. Trust                      9. Society                       10. NRIs                        11. OCBs                         12. FIIs                     13. Others
  Name of Guardian
  (In case of Minor)

  Choice of Investment Plan                           [Tick]                        Regular                                  54EA                                54EB
  Nomination : Please tick if you want nomination form

                                                                     Please mention your Bank Particulars for Dividend / Refund (REFER INSTN. 13)
  Name of the Bank
  Branch Address
  A/C. No.                                          A/c Type (Please Tick) Savings                                            Current                             NRO                              FCNR                             NRE

                                                                        Name Mr. / Ms. / M/s.                                                          Date of Birth                           PAN / GIR No.                        Circle / Ward / Dist.
  Second Applicant
  Third Applicant
  Mode of Holding                         (Please Tick)                                             Single                                                  Joint                                                     Anyone or Survivor
                                                                                                                     SPECIMEN SIGNATURES
                           First / Sole Applicant                                                                       Second Applicant                                                                             Third Applicant




The Board of Trustees,
Creditcapital Investment Trust Company Limited
Dear Sirs,
Having read and understood the contents of the Offer Documents of Taurus the Starshare I / We hereby apply for units of Taurus the Starshare and agree to abide by
the terms, conditions, rules and regulations of the Scheme.
I / We confirm that I am / we are Non-Residents of Indian Nationality / Origin and that I / we have remitted funds from abroad through approved banking channels or from
funds in my / our Non-Resident External Account / FCNR Account. (FOR NRIS / OCBS ONLY) YES

                                                             ACKNOWLEDGEMENT SLIP – TAURUS MUTUAL FUND
                                                        TAURUS THE STARSHARE – OPEN-END GROWTH SCHEME
                                                                                                                                                                                                        Serial No. ....................................
Name ..................................................................................................................................................................................................................
Address ...............................................................................................................................................................................................................
Received an Application Form along with Cheque / DD No. ....................................................... drawn on ........................................................
dated ............................................................. for Rs. .........................................................................................................................................
Acknowledgement is subject to realization of cheque / demand draft.                                                                                                                                                                   Signature & Stamp.
                                                                  INSTRUCTIONS
1. Please read the Offer Document carefully. Applicants are deemed to have accepted the terms subject to which this offer is being made and
   bind themselves to the terms upon signing the Application Format tendering payment.
WHO CAN APPLY
ELIGIBILITY
2. Applications for Units can be made by any investor or group of investors qualified or authorized to purchase the Units in accordance with the
   procedures described herein including, but not limited to the following :
      i. Adult individuals (or minors holding through their parents or guardians) holding singly or jointly (not exceeding three in all);
      ii. Hindu Undivided Families through their respective Kartas;
     iii. Companies, corporate bodies, public sector undertakings, financial institutions, banks, partnerships, associations of persons or bodies of
          individuals, religious and charitable trusts and other societies registered under the Societies Registration Act, 1860 (so long as the purchase
          of Units is permitted under their respective constituents documents);
     iv. Religious, Charitable and Private Trusts, subject to receipt of necessary approvals as “Public Securities”, where required;
      v. Non-resident Indians or individuals of Indian origin residing abroad (collectively, “NRIs”);
     vi. Overseas Corporate Bodies;
    viii. Foreign Institution investors registered with SEBI and the Reserve Bank of India, on a full repatriation basis.

MODE OF PAYMENT
Payment may be made for minimum amount of Rs. 1000/- and thereafter in multiples of Rs. 1000/- or more.
Please write the application serial no. at the back of the Cheque/DD.

13a. For Domestic Investors
    Payment should be made by cheque/bank, draft drawn on any Bank in Mumbai and payable in Mumbai in favour of “Taurus Mutual Fund –
    Taurus the Starshare (open)” and crossed “a/c payee only”. Payment may be made for a minimum amount of Rs. 1000/- and in multiple of
    Rs. 1000/- thereafter.
    Please note that stockinvests and outstation and post dated cheques will not be accepted.


13b. For NRIs/OCBs
      i. Indian Rupee draft purchased from abroad and made payable in Mumbai.
      ii. Cheque drawn on NRE/FCNR a/c payable at Mumbai.
     iii. In case Indian Rupee drafts are purchased from FCNR/NRE a/cs maintained in India and payable at Mumbai where the application is
          lodged, an account debit certificate from the bank issuing the draft confirming that the draft has been issued by debiting the FCNR/NRE
          a/c shall be enclosed.
     iv. All cheques/DDs accompanying the application form must be made payable as follows: “Taurus Mutual Fund - Taurus the Starshare (open)”
         and crossed “a/c payee” only and the cheque/DD should be made payable at Mumbai. Application Form duly completed together with cheques
         or bank drafts should be remitted through the investor service centres mentioned below. Payments may also be made from funds in NRE
         accounts or FCNR accounts maintained with banks authorized to deal in foreign exchange in India along with documentary evidence in
         support of the remittance.

For Domestic Investors
14. The applicant's name and address must be given in full and in block letters (P.O. Box Number alone is not sufficient).
15. Applicant's PAN/GIR Number and I.T. Circle/Ward/District (if available) are to be mentioned if the amount invested is more than Rs. 50,000/-.
16. All communication and payments shall be made to the first applicant or to the Karta in case of HUF.
17. Signature should be in English or in any Indian Language. Thumb impressions must be attested by a Magistrate/Notary Public under his/her
    official seal. In case of HUF, the Karta will sign on behalf of the HUF.
18. In case of an application under a Power of Attorney or by a limited company or a body corporate or a registered society, or a trust or a partnership,
    the relevant Power of Attorney or the relevant resolution or authority to make the application or the Trust Deed or the Partnership Deed as the
    case may be, or duly certified copy thereof, along with a certified copy of Memorandum of Articles of Association and/or bye-laws must be
    lodged along with the Application Form.
19. Mode of holding may be ‘single’, ‘joint’ or ‘anyone or survivor’. Please tick the box provided.
10. Sole applicants have a choice to nominate a successor to receive units upon his/her death. Please tick the box provided for nomination facility.
    The nomination form will be mailed to the investor subsequently.

For New NRI/OCB Investors
11. The applicant's name and overseas address must be given in full. (P.O. Box Number alone is not sufficient).
12. Sole applicants have a choice to nominate a successor to receive units upon his/her death. Please tick the box provided for nomination facility.
    The nomination form will be mailed to the investor subsequently.

BANK DETAILS
13. Please provide name of the bank, branch address, account type and account number in whose favour sale proceeds or dividend cheque is to
    be credited. Please note that SEBI has notified all mutual funds by their letter IIMARP/MF/CIR/07/826/98 dated April 15, 1998 that
    Unitholders must mention their bank account numbers in their application/requests for redemptions.
14. All cheques/DD be sent by registered post to ‘Taurus Mutual Fund - Taurus the Starshare’ 305, Regent Chambers, 208 Jamnalal Bajaj Marg,
    Mumbai-400 021 or ‘M/s. Computer Age Management Services Private Limited (CAMS)’, Registers and Transfer agents at 609, Anna Salai,
    A&B Laxmi Bhavan, Chennai 600 006 or to any one of the investors centres mentioned in the abridged offer document.
                                                                 ABRIDGED OFFER DOCUMENT
Taurus Mutual Fund - Taurus the Starshare
OPEN ENDED GROWTH SCHEME
1.   Highlights :
     p
                  No entry load for conversion into open ended scheme by the existing unitholders.
     p
                  Tax benefits under Section 80 L and under Section 48 and 112 on capital gains for resident Indians.
     p
                  No deduction of tax at source from income upto a limit of 10,000 in a financial year.
     p
                  NRI's can also invest.


2.   Risk Factors :
     i.           The Standard Risk Factors :
                 Mutual Funds and securities investments are subject to market risks and there is no assurance or guarantee that the objectives of the Mutual
                 Fund will be achieved.
                 As with any investment in stocks and shares, the NAV of the units issued under the scheme can go up or down depending on the factors
                 and forces affecting the capital markets.
                 Past performance of the Sponsor/AMC/Mutual Fund does not indicate the future performance of the schemes of the Mutual Funds.
                 Taurus the Starshare is the name of the scheme and does not in any manner indicate either the quality of the scheme or its future prospects
                 and returns.


     ii.          Specific Risk Factors :
            p
                 Liquid investments could go upto 15% of the net assets of the corpus of the scheme.
            p
                 Upto 35% of the investment may be utilized for trading purpose.
            p
                 The sponsor is not responsible or liable for any loss resulting from the operation of the scheme beyond the initial contribution of Rs. 1 lac
                 made by the sponsor towards setting of the mutual fund.
     The particulars of the scheme have been prepared in accordance with the Securities and Exchange Board of India (Mutual Fund) Regulations,
     1996, as amended till date and filed with SEBI and the units offered for public subscription have not been approved or disapproved by
     the Securities and Exchange Board of India nor has Securities and Exchange Board of India certified the accuracy or adequacy of the
     offer document.


3.   Fund Organization and Management :
     i.         Constitution of Taurus Mutual Fund
                Taurus Mutual Fund is constituted as a Trust by Lazard Creditcapital Ltd. (formerly Creditcaptial Finance Corporation Ltd.) under the Indian Trust
                Act 1882. It is registered with SEBI vide registration no. MF/002/93. Lazard Creditcaptial is the first international merchant bank and is a joint
                venture with the Lazard Houses, London - Paris - New York.


     ii. Creditcaptial Investment Trust Co. is the trustees of TMF and Creditcaptial Asset Management Company is the investment manager.
                  The directors of Creditcaptial Investment Trust Co. Ltd. are :
            i. Mr. Udayan Bose             Chairman, Lazard Creditcapital Ltd.
           ii. Mr. K. P. Narasimhan        Ex-Chairman, L.I.C.
          iii. Mr. G. S. Dahotre           Ex-Chairman, Bank of India
          iv. Mr. K. N. Goyal              Chartered Accountant


     iii.         The Directors Creditcapital Asset Management Co. Ltd. are:
                1. Mr. J. P. Kundra (Chairman); 2 Mr. Lalit Bhasin; 3 Mr. M. G. Gupta; 4. Maharaj Jai Singh; 5 Mr. P. S. Mathur (Managing Director);
                6 Mr. P Murari; 7 Mr Richard Muckart


4.   Purchase and Sale of Units :
     i.         Purchase/Issue of units
                The minimum amount of purchase of units is Rs. 1000/-. The units will be issued at NAV plus sale load of 3%. The sale load may vary within
                a maximum of 7%. The investors may kindly check with this office for the load applicable at the time of investment. The units will be allotted
                in fractions upto three decimal points for which an account statement will be sent to the investors.
     ii. Sale of units to Taurus Mutual Fund :
                An investor may sell whole or any part of his holding of units at NAV related prices on any working day provided that he continues to hold
                not less than 100 units at any given time.
                Requests for purchase/sale price will be at the NAV and applicable load of the working day preceeding the day of the receipt.
                Sale/purchase load of not more than 7% of the applicable NAV may be changed.
5.   INVESTMENT OBJECTIVE AND STRATEGY :
     The basic objective of the scheme is to provide long term capital appreciation. Emphasis will be on sharing growth through appreciation as well
     as on distribution of income by way of dividend. For achieving this objective the fund will pursue the policy of diversification of its assets not only
     among equity, debts and money market instrument but also allocation of assets across different industries.
6.   ACCOUNTING POLICY AND COMPUTATION OF NET ASSET VALUE :
     The NAV will be calculated and announced with purchase and redemption price on all working days.
     The NAVs calculated in accordance with the following formula :
     NAV = Market/fair value of scheme's investments + accrued income + receivable + other assets - accrued expenses - payables - other liabilities
     divided by Number of the Starshare units outstanding
7.   PORTFOLIO VALUATION :
     Valuation of securities will be in conformity with SEBI (Mutual Funds) Regulations and its guidelines as in force from time to time.
     Major valuation policies are :
     p
                 Traded Securities are valued at the last quoted price on the stock exchange where they are actively traded.
     p
                 Non-traded securities are valued in good faith by Creditcapital investment Trust Company Limited.
8.   DIVIDEND DISTRIBUTION :
     Returns in the Scheme would provide capital appreciation and periodic dividend/s bonus depending on the performance of the scheme and the
     market conditions prevailing at that time. The declaration and distribution of the dividends shall be at the sole discretion of the trustees.
9.   JOINT HOLDERS :
     Investors may opt to add one/two or more persons as joint applicants. Where units are held in the names of two or three persons, such persons
     shall be deemed to hold the units on first holder or survivor basis.
          i. In all such cases it shall be deemed that the first of such person is the holder of the unit.
         ii. All payments and settlements shall be made to the first holder and the receipt thereof by him/her shall be a valid discharge to the scheme.
         iii. In case of death of any joint holder, the first person in the order of survivor/s as stated in the application shall be the only person/s recognized
              by the trust as having any title to the interest of the units.
10. TAX BENEFITS :
     The following tax benefits are available to the unitholders, however, the investors are advised to consult their own tax advisor before investing.
     p
             Units held for a period of more than 1 year will be treated as long term capital assets and will qualify for special treatment under the provision
             of indexed cost of acquisition as per section 48 of the Income Tax Act, 1961.
             The rates of taxation on long term capital gains as per section 112 of the Income Tax Act, 1961 are as follows :
             q    20% for Resident individuals & HUFs
             q    20% plus surcharge at the rate of 7.5% of tax for domestic companies. Surcharge is levied on domestic companies only if their total income
                  exceeds Rs. 75,000.
             q    20% in case of other residents
             q    20% for non-residents and foreign companies.
             q    Benefits of Section 54 EA and 54EB.
     p
             Wealth Tax : Mutual Fund units are not considered as assets liable to wealth tax u/s 2(ea) of the Wealth Tax Act, 1957. Consequently Units
             held under the scheme will not be liable to wealth tax under the Wealth Tax Act, 1957.
11. FEES AND EXPENSES :
     Investment management fees charged by CAMCO shall be 1.25% of the average weekly net assets for a corpus upto Rs. 100 crores, and
     1.00% of the average weekly net assets on the balance amount above Rs. 100 crores.
     The total expenses by SEBI are as follows :
          i. On the first Rs. 100 crores -2.50% of the average weekly net assets.
         ii. On the next Rs. 300 crores -2.25% of the average weekly net assets.
         iii. On the next Rs. 300 crores -2.00% of the average weekly net assets.
         iv. On the balance -1.75% of the average weekly net assets.
12. Office :
     10-I DCM Building, Barakhamba Road, New Delhi-110001. Phone : 011-3321631/1756
13. INVESTOR CENTRES :
     All correspondence including queries in regard to sale/purchase, entry and exit load, change in address, non-receipt of balance statement, etc.
     should be addressed to Taurus Mutual Fund–Taurus the Starshare, 305 Regent Chambers, 208 Jamnalal Bajaj Marg, Mumbai-400 021.
     Phone : 022-2826598/99 or to M/s. Computer Age Management Services Private Limited (CAMS)’, at 609, Anna Salai, A&B Laxmi Bhavan,
     Chennai 600 006 or any one of the following investors centres :
        i.       Prathna Samaj, Raikhad Char Rasta, Ahmedabad-380 001.
       ii.       No.8, II Floor Mahaveer Shopping Complex, Above Kids Kempe, K. G. Road, Bangalore-560 009.
      iii.       56-D, Mirza Ghalib Street, Fenner Building, II Floor, Calcutta-700 016.
      iv.        Apollo House, Ground Floor, 82/84 Apollo Street, Fort, Mumbai-400 001.
       v.        1-7-293/2/A/1, M. G. Road, Behind Bank of India Building, Near Paradise Bus Stop, Secunderabad-500 003.
      vi.        250, Sant Nagar Commercial Complex, (Lower Ground Floor), Adjoining Nehru Place, New Delhi-110 065.
     vii.        Kalpatru Plaza, No. B-314, 224 Bhawani Peth, Pune-411 042.
     viii.       B-329, Ranjit Avenue, Amritsar-143 001.
      ix.        Vignesh Vihar, 462-A, Venkatasamy Road, New Siddhapudur Coimbatore-614 044.

				
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