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Objective : The fund seeks to achieve regular returns or capital appreciation through investment in equity or equity related instruments, debt and money market instruments.
Structure : Open ended scheme
Inception Date : January 07, 1998
Plans and Options under the Plan :
Future Guard Plan and Career Builder Plan with target period of 7, 10 or 15 years from the date of allotments.
Face Value (Rs/Unit): Rs 10
Minimum Investment :
Rs 5000/-
Entry Load : Future Guard Plan - 2.25%. Career Builder Plan- for application upto Rs. 3 crores - 2.25% and for application of Rs. 3 crores and above- Nil.
Exit Load : Future Guard Plan- 3% if redeemed on or before expiry of 3 years from the date of opening of account. 2% if redeemed after expiry of 3 years from the date of opening of account but on or before the expiry of 5 years from the date of opening of account. 0% if redeemed after the expiry of 5 years from the date of opening of account. Exit Load on redemption or after expiry of the target period - NIL
Career Builder Plan- 0.50% if redeemed on or before 180 days from the date of investment.
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