Protect returns in a volatile interest rate scenario
Plans offered
Plan A Minimum amt Rs 5000(Regular Plan)
Plan B Minimum amt Rs 1Cr.
Plan C Minimum amt Rs 5Cr.
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 Structure to 28.325% (25%+10%surcharge+3% Education cess).
NAV Frequency
Each Business day with holiday concept. E.g. If an investor submits a request on a Friday before the cutoff time then the investor will get a pay-out (refer redemption timings below) on Monday based on Sunday's NAV and not on Friday's, thus helping the investment earn returns for two more days (Saturday and Sunday).
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
The fund will endeavour to declare dividends on a Monthly, Daily, Weekly basis with compulsory reinvestment. It also offers a monthly dividend option. 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
"GFRF-ST" crossed "A/c Payee only" and payable locally at centres where CAMS ISCs are present
Cut-off time for purchase
In respect of valid applications, closing NAV of the day immediately previous to the day on which funds are available for utilization by the fund shall be applicable. However, in respect of any application received after 12.00pm by the Mutual Fund( received at CAMS Transaction points/AMC) and the funds are available for utilization by the fund are available for utilization by the fund on the same day, closing NAV of the day immediately previous to the next business day shall be applied.
Entry Load
NIL
Minimum Application amount
Minimum application amount
For new investors
For existing investors, additional investment in multiples
GFRF Plan A
Rs 5000/-
Rs. 1/-
GFRF Plan B
Rs 1 Cr.
Rs. 1/-
GFRF Plan C
Rs 5 Cr
Rs. 1/-
Redemption
Minimum redemption amount
In multiples of Re 1/-
Exit Load
NIL
Cut off time for redemptions and Redemption turn around time
In respect of valid applications received up to 3:00 p.m by the Mutual Fund previous days closing NAV shall be applicable. In respect of valid applications received after 3.00 pm by the Mutual Fund, closing NAV of the day immediately previous to the next business day shall be applicable. The AMC also has introduced the T +1 (across the counter) facility at designated centres and shall under normal circumstances, endeavour to dispatch the redemption proceeds on the same business day (T +1) from the date of acceptance of the redemption request at an official point of acceptance of transaction.
Direct Credit arrangements
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 Generale.
Designated centres:-
West Ahmedabad, Vadodara, Pune South Bangalore, Chennai, Kochi, Hyderabad, Coimbatore North New Delhi, Kanpur
