Nature | An open ended equity scheme predominantly investing in dividend yielding stocks. |
Investment Objective | The Investment objective of the Scheme is to provide long term capital appreciation and/or dividend distribution by investing predominantly in dividend yielding equity and equity related instruments. However there can be no assurance that the investment objective under the scheme will be realized. |
Asset Allocation | The asset allocation pattern for the scheme is detailed in the table below:
Instrument | Indicative allocation
(% of total assets) | Risk Profile |
| Minimum | Maximum | |
Equity and Equity related instruments of dividend yielding companies |
65% |
100% |
High |
Equity and Equity related instruments of other than dividend yielding companies |
0% |
35% |
High |
Debt and Money market instruments |
0% |
35% |
Low to Medium |
Units issued by Real Estate Investment Trusts (REITs) & Infrastructure Investment Trusts (InvITs) |
0% |
10% |
Medium to High |
|
Fund Manager | Ms. Uma Venkatraman |
Benchmark | Nifty Dividend Opportunities 50 - TRI |
Face Value | Rs. 10/- per unit |
Entry Load | Not applicable |
Exit Load |
- If units of the Scheme are redeemed or switched out up to 10% of the units (the limit) within 12 months from the date of allotment - Nil.
- If units of the scheme are redeemed or switched out in excess of the limit within 12 months from the date of allotment - 1% of the applicable NAV.
- If units of scheme are redeemed or switched out after 12 months from the date of allotment - Nil.
|
Taxation |
Unit holders of equity oriented scheme will be charged securities transaction tax (STT) at applicable rate on value of redemption of units.
** For further details on taxation please refer to the Section on Taxation in the SAI and independently refer to your tax advisor. |
Plans & Options | The Scheme offers following plans for investment:-
Within each plan there are two options:
- Growth Option
- Dividend Option
The Dividend option under both Plans offers following modes of dividend:
- Dividend Payout
- Dividend Re-investment
- Dividend Sweep
|
Minimum Investment | Rs. 5000/- and in multiples of Re.1/- thereafter |
Additional Purchase | Rs. 1000/- and in multiples of Re. 1/- thereafter |
Systematic Investment Plan (SIP) | Rs. 500 per month for a minimum period of 12 months
Rs. 1000 per month for a minimum period of 6 months.
Rs. 1500 per quarter for minimum period of 4 quarters.
Investments above minimum amount mentioned, shall be made in multiples of Re. 1 for all SIP in both Options irrespective of frequency of SIP |
Riskometer | This product is suitable for investors who are seeking*:
- Long term capital growth
- Investment in predominantly in dividend yielding equity and equity related instruments
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them. | |