subject: An Open-ended Income Scheme - Regular Return Fund [print this page] This scheme aims to generate regular income through two avenues. One is through investments in fixed income securities and the other is to generate long term capital appreciation by investing a portion in equity and equity related instruments. There is however, no assurance that the income can be generated, regular or otherwise, or that the investment objectives of the Scheme will be realized. The scheme has two variants known as the Regular Plan and the Eco Plan with a minimum redemption amount of Rs.1000 or the equivalent Unit value or the entire account balance, whichever is lower.
The options of the Regular Return Fund are the Growth Option for capital appreciation, the Dividend Reinvestment Option and the Dividend Payout Option for regular income. Both the latter options come with the flexibility of monthly, quarterly and annual frequencies. Another benefit is the zero entry load and only a 1% exit load if it is redeemed before 12 month from its date of allotment. Both the Eco Plan as well as the Regular Plan have a purchase amount of Rs. 10,000 and in multiples of Re.1 with an additional purchase amount of Rs.1000 and in multiples of Re.1.
Under normal circumstances, the money market securities and debt securities including government securities, corporate debt, etc. have a normal allocation at 80% to 100% of Net Assets. The risk profile for the same is Low to Medium. On the other hand, Equity and equity related securities are within 0% to 20% of asset allocation with a medium to high risk profile.
