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Objective : To provide an enabler to adult female persons in pooling their own savings and/ or gifts into an investment vehicle so as to get periodic cash flow near to the time of any chosen festival/ occasion or to allow income/ gains redeployed in the scheme and repurchase units partially or fully as and when desired.
Structure : Open Ended Balanced Fund
Inception Date : March 08, 2001
Plans and Options under the Plan :
Regular Plan, Gift Plan, Festival Cash Option
Face Value (Rs/Unit): Rs. 10
Minimum Investment :
Regular Plan Rs. 1,000/- Gift Plan Rs. 1,000/-, Festival Cash Option Rs. 5,000/-
Entry Load : Nil.
Exit Load : Exit Load 3% for repurchase less than 1 year, Exit Load 2% for repurchase 1 to 2 years, Exit Load 1% for repurchase 2 to 3 years, Exit Load 0.5% for amount <10 lakhs & holding period <=180 days (for investments made from 15.10.2004), Exit Load Nil for amount>= 10 lakhs (for investments made from 15.10.2004), Exit Load Nil for amount < 10 lakhs & holding period >180 days (for investments made from 15.10.2004), Exit Load Nil for repurchase beyond 3 years.
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