Morgan Stanley Mutual Fund has announced to launch the trigger facility under gilt fund from March 7, 2013.
1). Fixed Tenor Plan Trigger
This facility will allow investors to invest for a specified tenor. Tenors available are 1-,2-,3-,5- & 10-years from the date of investment.
2). Appreciation Plan Triggers
This facility will be available only to investors of the growth option of the schemes.
It will include two types of triggers - Auto Appreciation Plan Trigger & Target Appreciation Plan Trigger. Only one plan trigger can be chosen.
Auto Appreciation Plan Trigger
This facility will ensure the unit holder to receive the appreciation in the original invested amount on a predetermined trigger date.
Target Appreciation Plan Trigger
This facility will ensure the unit holder to receive the appreciation in the original invested amount based on a predetermined trigger percentage.