The NFO is open for subscription and shall close on Feb 19. The Fund offers choice of 3 plans each suited for life's different stages and risk profiles.
1. Equity Plan - investments predominantly (80%-100%) in equity and equity related instruments.
2. Hybrid Equity Plan - investment predominantly in equity and equity related instruments (60%-80%) and balance (20%-40%) in debt and money market instruments.
3. Hybrid Debt Plan - investment predominantly in debt and money market instruments (70%-95%) and balance (5%-30%) in equity and equity related instruments.
You can consider investing in the NFO - lump sum or SIP and take a step in the right direction. Although, the investment qualifies for tax concession u/s 80C of the Income Tax Act 1961, would suggest you to consider it as an investment product with tax benefit given the ultimate objective of providing for your retirement.
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For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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