Initial
issue & Ongoing Sales and repurchases
|
Exit on CDSC* |
Exit on CDSC* |
Exit on CDSC* |
|
1st
month - 4.13% |
13th
month - 2.70% |
25th
month - 1.28% |
|
2nd
month - 4.00% |
14th
month - 2.59% |
26th
month - 1.17% |
|
3rd
month - 3.89% |
15th
month - 2.48% |
27th
month - 1.04% |
|
4th
month - 3.75% |
16th
month - 2.34% |
28th
month - 0.93% |
|
5th
month - 3.65% |
17th
month - 2.23% |
29th
month - 0.82% |
|
6th
month - 3.54% |
18th
month - 2.12% |
30th
month - 0.69% |
|
7th
month - 3.40% |
19th
month - 1.99% |
31st
month - 0.58% |
|
8th
month - 3.29% |
20th
month - 1.88% |
32nd
month - 0.47% |
|
9th
month - 3.18% |
21st
month - 1.74% |
33rd
month - 0.33% |
|
10th
month - 3.05% |
22nd
month - 1.64% |
34th
month - 0.22% |
|
11th
month - 2.94% |
23rd
month - 1.53% |
35th
month - 0.12% |
|
12th
month - 2.83% |
24th
month - 1.39% |
36th
month - Nil |
* CDSC will be
added back to the scheme
Being a close-ended
Scheme, investors can subscribe to the Units
of the Scheme during the New Fund Offer
Period only.
Unitholders will have
the option to redeem the units during
Liquidity Window. Presently the Liquidity
Window is only during the first Monday of
every calendar month or next Business Day if
Monday is a non Business Day after the date
of allotment of units, at prices related to
Applicable NAV. Subject to Regulations, the
trustee reserves the right to reissue the
units repurchased at applicable NAV during
Liquidity Window, to the existing
unitholders, as it may deem necessary.
The Units of the
Scheme will not be listed on any exchange,
for the present.
As per the SEBI
Regulations, the Mutual Fund shall despatch
Redemption proceeds within 10 Business Days
of receiving the Redemption / repurchase
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 Repurchase
proceeds within 4 Business Days from the
acceptance of the Repurchase request.
|
