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Home > Debt Schemes > Grindlays Government Securities Fund - Investment Plan > Investment Details
   Investment Details
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Basic
Ideal Investment

Six months to more than a year

NAV Frequency

Each Business day. (That is Monday to Friday)

Options

Growth and Dividend

Dividend Frequency

Quarterly, Half-yearly and Annual

Purchase
Cheque to be drawn on

"GGSF-IP" crossed "A/c Payee only" and payable locally at any of CAMS ISCs

Cut-off time for purchase

3:30 pm

Entry Load

NIL

Demand drafts

Only in places where CAMS ISC is absent

Systematic Investment Plan

After the initial purchase, Rs 1000 in multiples of Rs 1 for Monthly SIPs After the initial purchase Rs 3000 in multiples of Rs 1 for quarterly SIPs Cheque to be dated 10th of each month

Minimum fresh amount

Rs 10000 in multiples of Re 1/-

Minimum additional purchase

In multiples of Re 1/-

Redemtion
Minimum redemption amount

In multiples of Re 1/-

Exit Load

NIL

Minimum Balance in account

Rs 5000

Cut off time for redemptions and Redemption turn around time

2:00 pm for following centres- Mumbai, Ahmedabad, Kochi, Coimbatore, Kanpur, New Delhi, Hyderabad, Chennai, Pune Bangalore and Kolkata

Minimum Balance in account

Rs 5000

Systematic Withdrawal Plan

Rs 1000 in multiples of Rs 1000

Redemption turnaround time

T +1 for above 11 centres where cut-off time is 10:30 am T +2 for non 11 centres where cut-off time is 3:30 pm where T= Transaction day

Direct Credit for redemptions

ABN Amro Bank, Citibank, Deutsche Bank, Global Trust Bank, HDFC Bank, HSBC, ICICI Bank, IDBI Bank, Standard Chartered Bank and UTI Bank.

DOC Appication form of the Scheme.
DOC Daily Fact Sheet (25-Nov-2005)
DOC Monty Fact Sheet (Jan 2005)

 
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