Name of Fund: AIG Infrastructure and Economic Reform Fund
Scheme: Open ended equity scheme
Objective: The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly (at least 65%) equity and equity-related securities of companies involved in economic development of India as a result of potential investments in infrastructure and unfolding economic reforms.
Asset Allocation: The scheme will invest 80%-100% in equity and equity related instruments. Investment in domestic debt, money market instruments will be 0%-20%.
Fund Opens: 10 January 2007
Fund Closes: 31 January 2007
Face Value: Rs 10 per unit
Investment Options: The scheme offers regular and institutional plan.
Entry Load: The scheme will charge an entry load of 2.25% for the investment below Rs 5 crore. There will not be any entry load charged for the investment above Rs 5 crore.
Exit Load: Under regular plan the exit load will be 1.00% for the investment below Rs 5 crore and if redeemed with in 1 year from the date of allotment. The exit load will come down to 0.50% if the investment is more than Rs 5 crore and if its redeemed with in 6 months from the date of allotment.
Under institutional plan the exit load will be 0.50% for the investment redeemed with in 6 months from the date of allotment.
Minimum Investment Amount: The minimum investment amount regular plan is Rs 5,000 and in multiple of Re 1 thereafter. The minimum investment amount regular plan is Rs 5 crore and in multiple of Re 1 thereafter.
Scheme: Open ended equity scheme
Objective: The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly (at least 65%) equity and equity-related securities of companies involved in economic development of India as a result of potential investments in infrastructure and unfolding economic reforms.
Asset Allocation: The scheme will invest 80%-100% in equity and equity related instruments. Investment in domestic debt, money market instruments will be 0%-20%.
Fund Opens: 10 January 2007
Fund Closes: 31 January 2007
Face Value: Rs 10 per unit
Investment Options: The scheme offers regular and institutional plan.
Entry Load: The scheme will charge an entry load of 2.25% for the investment below Rs 5 crore. There will not be any entry load charged for the investment above Rs 5 crore.
Exit Load: Under regular plan the exit load will be 1.00% for the investment below Rs 5 crore and if redeemed with in 1 year from the date of allotment. The exit load will come down to 0.50% if the investment is more than Rs 5 crore and if its redeemed with in 6 months from the date of allotment.
Under institutional plan the exit load will be 0.50% for the investment redeemed with in 6 months from the date of allotment.
Minimum Investment Amount: The minimum investment amount regular plan is Rs 5,000 and in multiple of Re 1 thereafter. The minimum investment amount regular plan is Rs 5 crore and in multiple of Re 1 thereafter.
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