IDFC Mutual Fund has introduces the new investment plan namely Plan C in IDFC Super Saver Income Fund - Investment Plan with effect from 16 February 2009.
Details of Plan C:
Option: The schemes offer growth and dividend option and the dividend option further offers dividend payout and reinvestment scheme.
Minimum application amount: The minimum application amount of the scheme is Rs 5000 and in multiples of Re 1 thereafter.
Offer Price: Rs 10 per unit and at applicable NAV thereafter.
Load Structure: The scheme will not charge any entry. How ever it will charge an exit load of 1.25% of NAV on investors who purchase / switch in and seek to redeem/switch out such units (irrespective of any amount) within 1 year such from the date of effecting such purchase/switch in. Investors opting for PEP/dividend reinvestment option /SWP or switch between options will not be levied an exit load.
All other terms of the Scheme Information Details (SID) remain unchanged.
Details of Plan C:
Option: The schemes offer growth and dividend option and the dividend option further offers dividend payout and reinvestment scheme.
Minimum application amount: The minimum application amount of the scheme is Rs 5000 and in multiples of Re 1 thereafter.
Offer Price: Rs 10 per unit and at applicable NAV thereafter.
Load Structure: The scheme will not charge any entry. How ever it will charge an exit load of 1.25% of NAV on investors who purchase / switch in and seek to redeem/switch out such units (irrespective of any amount) within 1 year such from the date of effecting such purchase/switch in. Investors opting for PEP/dividend reinvestment option /SWP or switch between options will not be levied an exit load.
All other terms of the Scheme Information Details (SID) remain unchanged.
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