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ABN
AMRO Dividend Yield Fund Listing & Guide |
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ABN AMRO Dividend Yield Fund
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Open Ended Equity Scheme with no assured
returns. |
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The Scheme
offers Growth Option and Dividend Option. The Dividend Option
offers Dividend Payout and Dividend Re-investment facilities. |
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Features
- The investment objective of the
scheme is to generate long term capital growth from an actively
managed portfolio of equity and equity related securities,
primarily being high dividend yield stocks. High dividend yield
stocks are defined as stocks of companies that have a dividend
yield in excess 0.5%, at the time of investment. It will thus
seek to exploit opportunities from the equity markets while
combining it with the stability of high dividend income from the
stocks held.
Application Amount -
Growth Option & Dividend Option
Rs. 5,000 per application and in multiples of Re. 1 thereafter.
- Entry Load :
- In respect of each
Subscription / Switch - In of Units for an amount less
than Rs. 5 crores in value, entry load of 2.25% is
payable.
- In respect of each
Subscription / Switch - In of Units for an amount equal
to Rs. 5 crores or more in value, entry load payable
would be Nil.
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Exit Load : Nil
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CDSC :
- In respect of each
Subscription / Switch - In of Units for an amount less
than Rs. 5 crores in value, CDSC of 1% is payable if the
Units are redeemed / switched - out within 6 months from
the date of such Subscription / Switch - In.
- In respect of each
Subscription / Switch - In of Units for an amount equal
to Rs. 5 crores or more in value, CDSC payable would be
Nil, if the Units are redeemed / switched - out.
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For the purpose of
calculating the Entry Load each Subscription
/ Switch-In made into the scheme(s) will be
tracked separately on first in first out
basis.
The above provisions of load structure will
not be applicable for investments by Fund of
Funds (FoF) schemes and investments under
Systematic Investment Plan/ Systematic
Transfer Plan. In view of the same,
provisions notified in terms of an Addendum
dated April 24, 2006 for investment by FoF
schemes and Addendum dated January 27, 2006
for investments under SIP/ STP would
respectively remain applicable for such
cases.
Liquidity -
The Scheme(s)
will offer for Sale / Switch-in and
Redemption / Switch-out of Units on every
Business Day on an ongoing basis, commencing
not later than 30 days from the closure of
Initial Offer Period. As per the SEBI
Regulations, the Mutual Fund shall despatch
Redemption proceeds within 10 Business Days
of receiving the Redemption request. A penal
interest of 15% per annum or such other rate
as may be prescribed by SEBI from time to
time, will be paid in case the Redemption
proceeds are not despatched within 10
Business Days of the date of Redemption
request. However, under normal
circumstances, the Mutual Fund will
endeavour to despatch the Redemption
proceeds within 3 Business Days from the
acceptance of the Redemption request. |
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Get
Listed On This Page
USD 5 / Month
Note : Send listing
details & page url with order ID |
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