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Objective : Grindlays Super Saver Income Fund Investment Plan seeks to generate stable returns with a low risk strategy by creating a portfolio that is invested in good quality fixed income and money market securities.
Structure : Open-ended Debt Fund
Inception Date : July 07, 2007
Plans and Options under the Plan :
Regular Plan, Institutional Plan
Face Value (Rs/Unit): Rs. 10
Minimum Investment :
Regular Plan: Rs.500; Institutional Plan: Rs. 5 crores.
Entry Load : Nil.
Exit Load : 0.50% Contingent Exit Load of NAV on unit holders who effect purchases/switch transactions on or after January 1, 2003 and seek to redeem such units up to Rs 10 lacs, within 6 months from the date of effecting such purchases/switch transaction.
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