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Objective : FT India Monthly Income Plan (FTIMIP) seeks to provide regular income through a portfolio of predominantly high quality fixed income securities with a maximum exposure of 20% to equities.
Structure : Open Ended Income Fund
Inception Date : September 28, 2000
Plans and Options under the Plan :
Monthly, Quarterly, Bonus and Growth options
Face Value (Rs/Unit): Rs. 10
Minimum Investment :
Rs. 20000
Entry Load : For Bonus & Growth Options, if amount invested is above 10 lacs, entry load is 0.5%.
Exit Load : For Bonus & Growth Options, if amount invested is upto 10 lacs and redeemed within 1 year, exit load is 1%.
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