Name of Fund: Fidelity Flexi Gilt Fund
Scheme: It is an open - ended gilt scheme.
Objective: The primary objective of the scheme is to generate sovereign linked returns primarily through investments in sovereign securities issued by the central government and/ or a state government or repos/ reverse repos in such securities or any security unconditionally guaranteed by the central / state government.
Investment options: The scheme offers investment under two options namely dividend and growth. Dividend option further offers dividend payout, and reinvestment facilities.
Dividend Frequency: Quarterly
Asset Allocation: The scheme will invest up to 100% of its portfolio in securities, issued by central government/ state government(s) including reverse repo and money market instruments.The scheme may invest in offshore securities up to 25% of net assets.
Face Value: Rs 10 per unit for cash.
Entry Load: There will be no entry load during NFO period.
Exit Load: The scheme will charge an exit load of 0.50% if redemption of an amount less than Rs 50 lakh is made within 6 months from the date of allotment.
Minimum Investment Amount: The minimum investment amount is Rs. 5000.
Benchmark index: ISec Composite Gilt Index
Fund manager: Mr. Sameer Kulkarni
Scheme: It is an open - ended gilt scheme.
Objective: The primary objective of the scheme is to generate sovereign linked returns primarily through investments in sovereign securities issued by the central government and/ or a state government or repos/ reverse repos in such securities or any security unconditionally guaranteed by the central / state government.
Investment options: The scheme offers investment under two options namely dividend and growth. Dividend option further offers dividend payout, and reinvestment facilities.
Dividend Frequency: Quarterly
Asset Allocation: The scheme will invest up to 100% of its portfolio in securities, issued by central government/ state government(s) including reverse repo and money market instruments.The scheme may invest in offshore securities up to 25% of net assets.
Face Value: Rs 10 per unit for cash.
Entry Load: There will be no entry load during NFO period.
Exit Load: The scheme will charge an exit load of 0.50% if redemption of an amount less than Rs 50 lakh is made within 6 months from the date of allotment.
Minimum Investment Amount: The minimum investment amount is Rs. 5000.
Benchmark index: ISec Composite Gilt Index
Fund manager: Mr. Sameer Kulkarni
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