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Objective : To generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities along with income tax rebate, as may be prevalent from time to time.
Structure : Open Ended Equity Linked Tax Saving Scheme with no assured returns.
Inception Date : December 20, 2005
Plans and Options under the Plan :
Growth Option and Dividend Option. The Dividend Option offers Dividend Payout and Dividend Re-investment facilities.
Face Value (Rs/Unit): Rs. 10
Entry Load : For amount less than Rs. 5 crore, Entry Load is 2.25%. For amount greater than Rs. 5 crore, Entry Load is Nil.
Exit Load : Nil.
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