Changes in certain features under AIG Quarterly Interval Fund Series I and II | Value Research AIG Mutual Fund has announced changes in certain features of AIG Quarterly Interval Fund - Series I
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Changes in certain features under AIG Quarterly Interval Fund Series I and II

AIG Mutual Fund has announced changes in certain features of AIG Quarterly Interval Fund - Series I and II with effect from March 23, 2011.

Listing: The schemes will be listed on the National Stock Exchange of India (NSE) or any other stock exchange(s) with effect from March 23, 2011.

Specified Transaction Period: The Specified Transaction Period (STP) shall be of minimum of 2 working days (i.e. 91st day and 92nd day from the previous STP). This will be applicable to the STP for Quarterly Interval Series I and II due in May 2011 respectively and the subsequent STPs.

Purchase and Redemption: Application for subscription and redemption of units in physical form will be accepted only during the STP (without exit load). However, buying or selling of units in Demat form can be made from the secondary market on the exchanges by investors effective March 23, 2011.

Change in Load Structure: The exit load charged will be 0.75% till the units of Quarterly Interval Series I & II are listed and nil on or after the date of listing.

Existing Investors, who want to exit, can redeem their units from February 21, 2011 to March 22, 2011 without paying any exit load.




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