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Objective : To generate regular income through investments in fixed income securities and also to generate long term capital appreciation by investing a portion in equity and equity related instruments.
Structure : Open-ended Income Fund with no assured returns
Inception Date : June 19, 1998
Plans and Options under the Plan : Dividend (Monthly, Quarterly, Half Annually) and Cumulative. Automatic Encashment Plan (AEP) also offered.
Face Value (Rs/Unit): Rs. 10
Minimum Investment : Rs.5000 (plus in multiple of Re.1).
Entry Load : Nil.
Exit Load : Any purchase transaction less than Or upto Rs.10 lakhs - 0.50% if exit within 6 months;Any purchase transaction of above Rs. 10 lakhs : Nil.
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