Lotus India Asset Management Company (AMC), a joint venture between Fullerton Fund Management Group and Sabre Capital Worldwide, has filed an offer document for Lotus India AGILE (Alpha Generated from Index Leaders) Fund. It is an open-ended diversified equity scheme. The NFO price for the fund is Rs 10 per unit with applicable entry loads during the NFO period.
The scheme offers two options i.e. growth and dividend. The dividend option offers dividend payout or dividend re-investment facility. The minimum application amount under is Rs.5, 000 and in multiples of Re.1 thereafter.
The scheme charges an entry load of 2.25 % on investments less than Rs. 5 crore, whereas there will no entry load for the amount above Rs. 5 crore. The scheme charges an exit load of 1.00% if redeemed before 6 months from the date of allotment. The exit load will reduce further to 0.60% if redeemed before 1 year from the date of allotment. There will be no exit load for the scheme if redeemed after the expiry of 1 year from the date of allotment.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment