This product is suitable for investors who are seeking* :
- Regular Income and Capital Appreciation/accretion over Medium to Long Term
- Investment predominantly in Debt and Money Market securities and a portion in Equity and Equity related securities.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
To generate regular income, primarily through investments in fi xed income securities so as to make monthly, quarterly and annual dividend distribution, declare bonus in the growth option. The Fund would also aim to achieve capital appreciation through investing a portion of its assets in equity and equity related securities.
||18th September, 2003|
|Type of Scheme
||An open-ended monthly income fund with no assured return. Monthly Income is not assured and is subject to the availability of the distributable surplus.|
||Dividend Option with Monthly, Quarterly & Annual, Growth Option, Bonus Option (Principal Units), Direct Dividend Option with Monthly, Quarterly & Annual, Growth Option, Direct - Bonus Option (Principal Units)|
||To achieve the investment objective, assets under the Scheme will be invested in wide range of fi xed income and money market instruments. The Scheme may also invest a small part of its assets in equity/equity related instruments. Further the Scheme may also invest in fi nancial derivatives such as options and futures & IRS that are permitted or may become permissible under SEBI/RBI Regulations. The proportion of assets to be so invested would be decided by the AMC at the appropriate time, and would be done in accordance with the relevant guidelines to be issued by SEBI/RBI and other authorities. |
|Minimum Application Amount/Number of Units
||Purchase : Rs. 5,000/- or any amount thereafter.|
Additional Purchase : Rs. 1,000/- or any amount thereafter
Repurchase : Minimum redemption from existing Unit Accounts for normal transactions other than through STP/SWP would be a) Rs. 500 and any amount thereafter OR b) 50 units or any number of units there after subject to keeping a minimum balance of 500 units or Rs. 5000/- whichever is less. c) for all the units in the folio for the respective plan if the available balance is less than Rs. 500/- or less than 50 units on the day of submission of valid redemption request.
|SIP / STP / SWP Option
||CRISIL MIP Blended Index (CMIP In)|
||Provisions applicable to debt schemes. For more information, click here |
|Plans / Options||Latest NAV (Rs.)|
|(Direct) Dividend Option - Monthly Dividend Option||12.6210 (22 Feb 2017) |
|(Direct) Dividend Option - Quarterly Dividend Opti||19.3276 (22 Feb 2017) |
|(Direct) Dividend Option - Annual Dividend Option ||20.7392 (22 Feb 2017) |
|(Direct) Growth Option||25.5345 (22 Feb 2017) |
|Dividend Plan - Monthly Dividend Option||11.4280 (22 Feb 2017) |
|Dividend Plan -Quarterly Dividend Option||18.0620 (22 Feb 2017) |
|Dividend Plan - Annual Dividend Option||19.2588 (22 Feb 2017) |
|Growth Plan - Growth Option||23.9703 (22 Feb 2017) |
Purchase and redemption of Units at NAV based prices on all Business Days. It will be our endeavour to dispatch redemption proceeds at T+2 working days. However, as per regulations, the Fund is required to dispatch redemption proceeds within 10 Business days of receiving valid redemption request.
(Managing this fund since Sept., 2003 & total 14 years
of experience in the financial services sector).
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