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Objective : To generate regular returns through investment primarily in Debt and Money Market Instruments. The secondary objective of the Scheme is to generate long-term capital appreciation by investing a portion of the Schemes assets in equity and equity related instruments.
Structure : Open Ended Income Scheme
Inception Date : December 26, 2003
Plans and Options under the Plan :
Growth & Dividend Option.
Face Value (Rs/Unit): Rs. 10
Minimum Investment :
For new investors: (Growth & Quarterly Dividend Option) – Rs.5000 and in multiples of Rs.100 thereafter under each option. (Monthly Dividend Option): Rs. 25000 and in multiples of Rs. 100 thereafter. For existing investors: Rs. 1000 and in multiples of Rs. 100 thereafter.
Entry Load : Nil.
Exit Load : In respect of each purchase / switch-in of Units, up to and including Rs. 10 lakhs in value, an Exit Load of 0.50% is payable if Units are redeemed / switched out within 6 months from the date of allotment. For investments greater than Rs. 10 lakhs in value, an Exit Load of 0.25% is payable if Units are redeemed / Switched-out within 3 months from the date of allotment.
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