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Objective : Tata Young Citizen' s Fund aims to provide long-term capital growth along with steady capital appreciation to its unit holders, while at all times emphasising the importance of capital preservation.
Structure : Open-ended Balanced Fund
Inception Date : August 30, 1995
Plans and Options under the Plan :
Growth
Face Value (Rs/Unit): Rs. 10
Minimum Investment :
Rs. 500
Entry Load : 2.5%
Exit Load : If Child attains majority after 7 years from the date of allotment:-
Less than 3 years: 3%
Between 3 & 7 years: 2%
More than 7 years:1%
No load after the child attains majority
If Child attains majority before 7 years from the date of allotment:-
Less than 3 years: 3%
Between 3 & 7 years: 2%
More than 7 years: Nil
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