Friday, December 28, 2012

Review of IDFC Tax Advantage (ELSS) Fund

 
 
 
Investment Details
Basics
Min Investment (Rs) 500
Subsequent Investment (Rs) 500
Min Withdrawal (Rs) 500
Min Balance (Rs) 500
Pricing Method Forward
Purchase Cut-off Time (hrs) 15
Redemption Cut-off Time (hrs) 15
Redemption Time (days) 10
Lock-in 1095 days
Cheque Writing --
Systematic Investment Plan
SIP Yes
Initial Investment (Rs) 500
Additional Investment (Rs) 500
No of Cheques 6
Note
Investors opting for monthly SIP have to commit minimum investment of Rs. 500 and atleast 6 installments.


Systematic Withdrawal Plan
Initial Investment (Rs) --
Min SWP withdrawal (Rs) 500
Transfers
Swap No
Note
Switch Over Cut-off Time 15
STP Yes

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