| Basic |
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| Ideal Investment |
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More than year
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| Plans offered |
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Plan A (Regular Plan)
Plan B (Institutional Plan) Minimum initial investment amount Rs 5 crores and only for Non Individuals.
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| Dividend option |
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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 12.8125%
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| NAV Frequency |
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Each Business day. (That is Monday to Friday)
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| Options |
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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
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| Dividend Frequency |
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The fund will endeavour to declare dividends on a quarterly/half yearly and annual basis The likely dividend periodicity is as follows :
Quarterly: March, June, September and December
Bi-Annual: September and March
Annual: March
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.
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| Purchase |
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| Cheque to be drawn on |
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GSSIF-IP crossed "A/c Payee only" and payable locally at centres where CAMS ISCs are present
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| Cut-off time for purchase |
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An application will be considered accepted subject to it being complete in all respects and received for subscription, prior to 3:30 pm on that business day and submitted at CAMS Investor Service Center.
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| Entry Load |
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NIL
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| Demand drafts |
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Only in places where CAMS ISC is absent Draft charges will be borne by the AMC
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| Systematic Investment Plan |
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Rs 500 in multiples of Re 1 and a minimum of 6 monthly post dated cheques/ 4 quarterly post dated cheques dated 10th of each month/quarter. For more on SIP.
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| Minimum Fresh amount |
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Rs 500 in multiples of Re 1/-
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| Minimum Application amount |
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| Minimum application amount |
| For new investors |
| For existing investors, additional investment in multiples |
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| GSSIF -IP Plan A |
| Rs 500/- |
| Rs. 1/- |
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| GSSIF -IP Plan B |
| Rs 5 crores |
| Rs. 1/- |
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| Redemtion |
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| Minimum redemption amount |
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In multiples of Re 1/-
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| Exit Load |
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0.50% Contingent Exit Load of NAV on unit holders who effect purchases/switch transactions on or after January 1, 2003 and seek to redeem such units up to Rs 10 lacs, within 6 months from the date of effecting such purchases/switch transaction.
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| Minimum Balance in account |
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Rs 500
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| Systematic Withdrawal Plan |
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As per amount decided by investor. Please check with AMC before investing.
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| Cut off time for redemptions and Redemption turn around time |
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In cities where the AMC offices are located
Investors submitting completed redemption requests and submitting the same either at the AMC office/CAMS investor Service Center in cities where the AMC offices are located will get their redemption proceeds the very next business day (ie on T + 1 basis) at the CAMS ISC in the form of a cheque or a Direct credit (if investors have bank accounts in the following banks) subject to submitting the request by 3:30 pm at CAMS ISC. If investors fail to collect the cheques at the CAMS ISC then the same will be couriered to the address mationed in the account statement.
In other cities where AMC offices are not located
In cities where the AMC offices are not located the cut - off time is 3:30 pm with the redemption cheque being couriered out of CAMS, Chennai the very not business day.
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| Direct Credit for redemption |
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ABN Amro Bank, Citibank, Deutsche Bank, Global Trust Bank, HDFC Bank, HSBC, ICICI Bank, IDBI Bank, Standard Chartered Bank and UTI Bank.
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