Plan A Minimum Amount Rs.5000(Regular Plan)
Plan B Minimum Amount Rs.1Cr
Dividend option
This option is suitable for investors seeking income through dividend declared by the scheme. Dividends currently are tax free in the hands of the investor after a dividend distribution tax incidence of 14.1625%(12.5%+10%surcharge+3%Education Cess) for Individuals ForPartnership,AOP/BOI,DomesticCos-22.66%(20%+10%surcharge+3% Education cess)
NAV Frequency
Each Business day. (That is Monday to Friday)
Options
Growth option The scheme will not declare any dividends under this option. The income attributable to units under this option will continue to remain invested in the scheme and will be reflected in the Net Asset Value of the units under this option
Dividend Frequency
Bi-monthly basis (once in two months), Fortnightly and Monthly. The AMC reserves the right to change the periodicity and the exact date will be communicated to the registrar or can be found out from the offices of the AMC.
Purchase
Cheque to be drawn on
GSSIF-MT crossed "A/c Payee only" and payable locally at centres where CAMS Transaction points are present
Cut-off time for purchase
An application will be considered accepted subject to it being complete in all respects and received for subscription, prior to 3:00 pm on that business day and submitted at CAMS Transaction points.
Entry Load
NIL
Systematic Investment Plan
Rs 1000 in multiples of Re 1 and a minimum of 6 monthly post dated cheques.
Minimum Application amount
Minimum application amount
For new investors
For existing investors, additional investment in multiples
GSSIF-MT Plan A
Rs 5000/-
Rs. 1/-
GSSIF-MT Plan B
Rs 1 Cr
Rs. 1/-
Redemption
Can be submitted at any CAMS Transaction point or AMC offices on any business day before 3.00 pm.
Minimum redemption amount
In multiples of Re 1/-
Exit Load
0.50 % of NAV shall be the exit load payable by investors who purchase/switch in and seek to redeem/switch out such units within 180 days from the date of effecting such purchases/switch in.
Minimum Balance in account
Rs 5000
Systematic Withdrawal Plan
As per amount decided by investor. Please check with AMC before investing.
Cut off time for redemptions and Redemption turn around time
Cheque will be dispatched on next business day, while investors with bank accounts in banks where we have a tie-up with, can expect the redemption proceeds directly into their bank accounts by the end of the next business day.
Direct Credit for redemption
Standard Chartered Bank, HDFC Bank, ABN AMRO Bank, HSBC Bank, Axis Bank, ICICI Bank, IDBI Bank, Deutsche Bank, Citibank, Kotak Mahindra Bank, Indusind Bank, Yes Bank, Centurian Bank Of Punjab, Societe General.
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