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Objective : To encourage the habit of regular savings, primarily by tax paying individual investors to obtain tax rebate under Section 88 of the Income Tax Act, 1961 on the investment made in the plan each year and at the same time to get life insurance cover to the extent of unpaid but not due targeted amount.
Structure : Open Ended Balanced Fund
Inception Date : October 01, 1971
Minimum Investment :
Target amount enhanced to Rs. 5,00,000/- Minimum Target Amt. Rs. 15,000/-
Entry Load : Nil.
Exit Load : 2% for Premature withdrawal.
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