The Scheme shall open for subscription on 21 January 2013 and the New Fund Offer period shall be from 21 January 2013 to 4 February 2013.
The scheme will have a maturity of 36 months from the date of allotment including the Date of Allotment.
Minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter.
The investment objective of the Scheme is to seek capital protection on maturity by investing in fixed income securities maturing on or before the tenure of the scheme and seeking capital appreciation by investing in equity and equity related instruments.
The Scheme has the following Plans across a common portfolio:
• Direct Plan: Direct Plan is only for investors who purchase /subscribe Units in the Scheme directly with Union KBC Mutual Fund and is not available for investors who route their investments through a Distributor (AMFI registered distributor/ARN Holder).
• Regular Plan: Regular Plan is for investors who purchase /subscribe Units in the scheme through a Distributor.
The Direct Plan shall have a lower expense ratio as compared to the Regular Plan to the extent of distribution expenses, commission, etc and no commission for distribution of Units will be paid / charged under the Direct Plan.
The Scheme offers the following Options under each of the above mentioned Plans:
• Growth Option: This option is suitable for investors who are not looking for current income but who invest only with the intention of capital appreciation.
• Dividend Option: This option is suitable for investors seeking income through dividend declared by the Scheme.
Units under the scheme will be redeemed only on the maturity date of the Scheme (or
immediately succeeding Business Day if the maturity date falls on a non-business day). The AMC reserves the right to prepone or postpone the maturity of the scheme by 5 business days.