Scheme: The scheme is close-ended income scheme with 6 plans. The plans are Standard Chartered Fixed Maturity Plan –Yearly Series 17, and Standard Chartered Fixed Maturity Plan –Yearly Series 18, Standard Chartered Fixed Maturity Plan –Yearly Series 19, Standard Chartered Fixed Maturity Plan –Yearly Series 20, Standard Chartered Fixed Maturity Plan –Yearly Series 21, Standard Chartered Fixed Maturity Plan –Yearly Series 22. The duration of each plan will be one year.
Objective: The investment objective of the scheme is to seek to generate income by investing in a portfolio of debt and money market instruments.
Investment Options: Their will 2 sub plans in each of the plans viz Plan A and Plan B. The investors may choose either the dividend or the growth option for the investment under the scheme within each plan.
Asset Allocation: The fund will invest up to 100% in debt and money market instruments, with low to medium risk profile. The investment in securitised debt will be up to 50% of net asset of the scheme.
Face Value: Rs 10
Entry Load: There will no entry load charged for the scheme due to its close-ended structure.
Exit Load: The scheme charges an exit load of 2.00%, if the investment is redeemed after the date of allotment and on or before the maturity date.
Minimum Investment Amount: The minimum investment amount for plan A is Rs 5000 and in multiple of Re 1 thereafter. The minimum investment amount for plan B is Rs 1.00 lakh and in multiple of Re 1 thereafter.
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