| Nature of Scheme |
Open Ended Income Scheme |
| Inception Date |
February 28, 2002 |
| Option/Plan |
Growth Option, Monthly Dividend Option. Dividend Option offers Dividend Reinvestment and payout facility. |
|
Entry Load
|
NIL (With effect from August 1, 2009)
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Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on the investors' assessment of various factors including the service rendered by the ARN Holder.
|
Exit Load
(as a % of the Applicable NAV) |
In respect of each purchase / switch - in of units, an exit load of 0.75% is payable if units are redeemed / switched out within 9 months from the date of allotment.
No exit load is payable if units are redeemed / switched - out after 9 months from the date of allotment.
No Entry / Exit Load shall be levied on bonus units and units allotted on dividend reinvestment.
|
| Minimum Application Amount |
Purchase : Rs. 5,000 and any amount thereafter.
Additional Purchase : Rs. 1,000 and any amount thereafter.
Maximum Investment limit: Rs. 10 cores per investor (across all folios) in a calendar quarter.
|
| Lock-In-Period |
NIL |
| Net Asset Value Periodicity |
Every Business Day. |
| Redemption Proceeds |
Normally dispatched within 3-4 Business Days.
|
Tax Benefits
(As per present Laws) |
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