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Fortis Flexi Debt Fund: Introduction of 'Regular Plan A'


Fortis Mutual Fund has notified introduction of an additional plan viz. 'Regular Plan A' under Fortis Flexi Debt Fund w.e.f. February 06, 2009. 'Regular Plan A' will share a common portfolio with the existing 'Regular Plan'.

Details of the plan introduced are as follows:


Options  Min. Application  Min. Additional Amount  Min. Redemption
Growth Rs. 5000 Rs. 1000 Rs. 1000
Dividend Quarterly Rs. 20000 Rs. 1000 Rs. 1000
Dividend Half Yearly Rs. 20000 Rs. 1000 Rs. 1000
Dividend Daily Rs. 10L Rs. 10L Rs. 1000
Dividend Weekly Rs. 1L Rs. 1L Rs. 1000
Face Value: Rs. 10 per unit.
Load Structure:
Entry load: Nil.
Exit load: 0.75% if units are redeemed within 6 months.
Benchmark: Crisil Composite Bond Fund Index.
Total recurring expenses (estimated): 2.25% of net assets (including Management Fee of 1.25%).