Fund News

Launch of PF Plan Under IL&FS Gilt

Last updated: 08-Jul-2024•Value Research

IL&FS Mutual Fund is planning to launch PF plan under IL&FS Gilt Long-term Fund. The new plan would be open for initial subscription on September 24, 2003 and would open for ongoing sales and repurchase from September 29, 2003. The minimum subscription amount is Rs 5000. The PF plan offers both Growth and Dividend options. It also offers the following facilities: Prescribed Date Auto Redemption Option and Prescribed Appreciation Auto redemption option. The fund would charge an exit load of 1 per cent if redeemed within 365 days.

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