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Standard Chartered MF Launches All Seasons Bond Fund


Standard Chartered MF has launched the All Seasons Bond Fund, which is basically a fund that will invest in the debt funds of the AMC. The other scheme-specific details are as follows:

IPO Period: August 9 to August 24
Sub plans:
Plan A (Regular Plan) – For all types of investors – Minimum application amount is Rs 500 and in multiples of Re 1 thereafter.
Plan B (Institutional Plan) – For corporates – Minimum application amount is Rs 1 crore and in multiples of Re 1 thereafter.
Load structure:
Entry Load – NIL for both Plan A and Plan B
Exit Load – NIL for Plan B but for Plan A investors if investments less than Rs 25 lakh are redeemed within 6 months then an exit load of 0.6 per cent will be levied.