Product Snapshot

 
Fund Name
IDBI GILT FUND  
 
NatureAn open-ended debt scheme investing in government securities across maturity.
Investment Objective To provide regular income along with opportunities for capital appreciation through investments in a diversified basket of central government dated securities, state government securities and treasury bills. However, there can be no assurance that the investment objective of the scheme will be realized / achieved.
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  
Government of India dated Securities / State Government dated Securities / Government of India Treasury Bills / Cash Management Bills of Government of India 80% 100% Low
CBLO and repo/reverse repo in Central Government or State Government securities. 0% 20% Low
For more details on Asset Allocation please refer Scheme Information Document(SID)
Fund Manager Mr. Raju Sharma
BenchmarkCRISIL Dynamic Gilt Index
Face ValueRs. 10/- per unit.
Entry Load Not Applicable
Exit Load 0.5% for exit (repurchase/switch-out/transfer) within 30 days from the date of allotment
Plans & Options
The Scheme offers the following Plans for investment:
  1. Regular Plan
  2. Direct Plan

Within each Plan there are two Options:
  1. Dividend Option
  2. Growth Option

The Dividend Option under both the Plans offers following modes of Dividend:
  1. Dividend Payout
  2. Dividend Reinvestment and
  3. Dividend Sweep

Fixed Tenor Trigger (FTTP) Plan Facility:This facility allows investors to invest for a predetermined tenor. Tenors available under this scheme are 3 years, 5 years, 7 years & 10 years. FTT Plan facilitates automatic redemption at NAV on completion of pre-specified tenor, unless the investor opts for a rollover. Under this plan, rollover facility will be provided to Unit holders of the Scheme.
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)
Monthly option -
Rs. 500 and in multiples of Re. 1/- thereafter per month, for atleast 12 months or
Rs. 1000 and in multiples of Re. 1/- thereafter per month, for a minimum period of 6 months.
Quarterly option -
Rs. 1500 and in multiples of Re. 1/- per quarter thereafter for a minimum period of 4 quarters.
Investments above the minimum amount mentioned, shall be made in multiples of Re. 1 for all SIPirrespective of frequency of SIP or the Option.
Systematic Transfer Plan (STP)Minimum balance in the Scheme should be Rs.25,000/- at the time of enrollment. SWP/STP
Sub-options for STP Eligible dates for effect Minimum amount per transfer* Minimum Term / Duration Applicable
Weekly 1st Business day of the week Rs. 1,000/- 12 Installments
Monthly 1st, 5th, 10th, 15th, 20th and 25th of the month Rs. 1,000/- 12 Installments
Quarterly 1st, 5th, 10th, 15th, 20th and 25th day of first month of the each quarter Rs. 2,500/- 4 Installments
(*Multiples of Re.1/- thereafter except under IEAF where STP will be made at a minimum of Rs.500/- and in multiples of Rs.500/- thereafter.)
Systematic Withdrawal Plan (SWP)
Minimum balance in the Scheme should be Rs.25,000/- at the time of enrollment.

Minimum amount for each withdrawal is Rs.1000/- and in multiples of Re.1/- thereafter for a minimum period of 6 months. Withdrawal on 25th of each month or, if 25th is a holiday, then the next effective business day.
Taxation
IDBI Gilt Fund Resident investors ** Mutual Fund**
Tax on Dividend (Dividend Distribution Tax) NIL Dividend distribution Tax (DDT)
Individual / HUF - 25% (plus applicable surcharge & cess)
Others- 30% (plus applicable surcharge & cess)
Capital Gain    
Long Term
(for units held for more than 36 months)
20% p.a. with indexation (plus applicable surcharge & cess) NIL
Short Term
Rates applicable to unit holder as per income slab (Plus applicable surcharge & cess) NIL

** For further details on taxation please refer to the Section on Taxation in the SAI and to the latest Tax Reckoner. Investors should be aware that the fiscal rules/ tax laws may change and there can be no guarantee that the current tax position may continue indefinitely. In view of the individual nature of the tax consequences, each investor is advised to consult his/ her own professional tax advisor.
Riskometer
This product is suitable for investors who are seeking*:
  • Long term regular income along with capital appreciation with at least medium term horizon
  • Investments in dated Central & State Government Securities / T-Bills / Money Market Instrument
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.