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Re: IDBI Gold Bond
You want information about IDBI Gold Fund so following is its information: Investment Objective: The investment objective of the Scheme will be to generate returns that correspond closely to the returns generated by IDBI Gold Exchange Traded Fund Asset Allocation Pattern: Units of IDBI Gold Exchange Traded Fund: Minimum 95% Maximum: 100% Reverse Repo/ Short-Term Fixed Deposits/ Money Market Instruments and in IDBI Liquid Fund Scheme of IDBI Mutual Fund: Minimum 0% Maximum: 5% Face Value Rs. 10/- each for cash at par Entry Load Not Applicable Exit Load 1% for exit within 12 months from the date of allotment For SIP / SWP / Switch - 1 % for exit on or before 1 year from the date of allotment of each installment. Minimum Investment Rs. 5000 and in multiples of Re. 1 thereafter Additional Investment Rs. 1000 and in multiples of Re. 1 thereafter Systematic Investment Plan (SIP) : Monthly option – Rs. 500 per month for a minimum period of 12 months or Rs. 1000 per month for a minimum period of six months. Quarterly Option – Rs. 1500, per quarter for a minimum period of four quarters. Investments above the minimum amount mentioned shall be made in multiples of Re.1 irrespective of the frequency of the SIP. |
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