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Objective : The prime objective of scheme is to deliver the benefit of investment in a portfolio of equity shares, while offering tax rebate on such investments made in the scheme under section 80 C of the Income-tax Act, 1961. It also seeks to distribute income periodically depending on distributable surplus.
Structure : Open-ended Equity Scheme
Inception Date : March 31, 1993
Plans and Options under the Plan :
Growth & Dividend Option
Face Value (Rs/Unit): Rs. 10
Minimum Investment :
Rs. 500
Entry Load : For investments below Rs. 5 crores, Entry load is 2.25%. For Investments of Rs. 5 crores and above, Entry Load is Nil.
Exit Load : Nil.
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