Taurus MF inks distribution pact with Bajaj Allianz
Taurus Mutual Fund, one of the oldest mutual funds, has entered into a product distribution tie up with Bajaj Allianz Financial Distributors Limited (BAFDL).
Under this agreement, Bajaj Allianz would distribute all products of Taurus fund through its 5500 strong agency force. Further the company would also employ three lakh existing insurance agents in this partnership.
The Taurus Asset Management Company Ltd, incorporated in 1994, has at present around Rs 398 crore of assets under management and investor base of approximately 1.65 lakh.
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