| Basic |
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| Ideal Investment |
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More than 2 years
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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 14.025% (tax rate of 12.5% plus surcharge @10% thereon plus additional surcharge by way of education cess @2%).
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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 and annual basis The likely dividend periodicity is as follows :
Quarterly March, June, September and December
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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GDBF crossed "A/c Payee only" and payable locally at centres where CAMS TPs 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 3:00 pm on that business day and submitted at CAMS Transaction Point/AMC Offices
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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 1000 in multiples of Re 1 and a minimum of 6 monthly post dated cheques. NO DATE RESTRICTION
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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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| GDBF Plan A |
| Rs 500/- |
| Rs. 1/- |
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| GDBF Plan B |
| Rs 5 crores |
| Rs. 1/- |
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| Redemtion |
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Can be submitted at any CAMS Transaction point or AMC offices on any business day before 3.00 pm. |
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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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Rs 500 in multiples of Re 1/-. Please check with AMC before investing.
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| Cut off time for redemptions and Redemption turn around time |
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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.
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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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