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Objective : To provide pension to investors particularly self-employed persons they attain the age of 58 years, in the form of periodical cash flow upto the extent of repurchase value of their holding through a systematic withdrawal plan.
Structure : Open Ended Balanced Fund
Inception Date : December 26, 1994
Face Value (Rs/Unit): Rs. 10
Minimum Investment : Rs. 500/- (Subject to attaining a minimum investment of Rs. 10,000/- by the age of 52 years)
Entry Load : 1.5%
Exit Load : Exit Load 5% for repurchase < 1 year, Exit Load 3% for repurchase >= 1 year and repurchase < 3 years, Exit Load 1% for repurchase >= 3 years at NAV for maturity / death claim
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