|
Objective : To generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance to yield, safety and liquidity.
Structure : Open-ended Income Fund (Long Term Floating Rate Plan)
Inception Date : September 04, 2004
Plans and Options under the Plan :
Cumulative and Dividend Option and Dividend Reinvestment (Quarterly).
Face Value (Rs/Unit): Rs. 10
Minimum Investment :
Option A: Rs. 25000/- (plus in multiples of Re 1), Option B: Rs. 1 Crore (plus in multiples of Re 1), Option C: Rs 5 Crores (plus in multiples of Re 1).
Entry Load : Nil.
Exit Load : Option A: Exit load at 0.50% of applicable NAV in case of the amount sought to be redeemed is less that Rs. 1 crore and the redemption request is made before completion of 6 months from the date of allotment of units. Nil - If the amount sought to be redeemed is above 1 crore or the amount sought to be redeemed is less than 1 crore and the redemption request is made after the completion of 6 months from the date from the date of allotment. Option B: Nil, Option C: Nil.
|
