| |
|
ABN
AMRO Flexible Short Term Plan Fund Listing & Guide |
|
|
ABN AMRO Flexible Short Term Plan Fund
|
|
A Debt oriented Interval fund with no
assured returns.
The Scheme offers
Regular Plan which will have two Sub-Options:
- Growth Option
- Dividend
Option (Quarterly & Monthly frequency)
The Dividend Options
offer Dividend Payout and Dividend Re-investment facilities.
Both the Options will be managed with a common portfolio.
The primary objective of the scheme,
series and the plans launched thereunder would be to seek to
generate steady returns through investments made in a basket of
fixed income securities, with a provision to offer liquidity at
periodic interval.
Regular Plan: Growth
Option, Quarterly Dividend Option and Monthly Dividend Option
A minimum of Rs. 100,000 per application and in multiples of Re
1 thereafter. There is no upper limit.
It may be noted that only high value clearing cheques will be
accepted during New Fund Offer Period & subsequent Interval
period. |
|
|
| |
-
Entry Load: Nil
-
Exit Load: 1% at all times,
except the Interval periods
The Scheme would have
an Interval period on quarterly basis for
subscription and redemptions.
The Interval Period, at present, will be the
90th day from the date of allotment for the
first time and subsequently 90th day from
the date of allotment for the Interval
Period under the Scheme.
In case such Interval date or payout date
happens to be a non-business day or Friday,
then the immediate next business day shall
be considered as the Interval date.
However, AMC reserves the right to
change/alter the Interval period, depending
on the prevailing market condition and to
protect the interest of the Investors. Such
change will be notified to the customers by
display of notice at various investor
service centres of AMCs and its website.
The Scheme will offer for Redemption /
Switch-out of Units on every Business Day on
an ongoing basis, commencing not later than
30 days from the closure of New Fund Offer
Period, subject to applicable exit load.
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. |
|
|
 |
| |
| |
Get
Listed On This Page
USD 5 / Month
Note : Send listing
details & page url with order ID |
| |
 |
| |
ADVERTISEMENTS |
|
|
| |
| |
Upcoming Festival |
| |
Celebration Of Fraternal Love
Raksha Bandhan
The Rakshaa Bandhan stirs
up one of the deepest and noblest emotions in the human breast - the
abiding and chaste bond of love between the brother and the sister.
|
| |
What's New |
| |
|
| |
Health
Guide |
|
|
|
|
