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ABN AMRO Short Term Income Fund Institutional Plus - Change in minimum amount and exit load

ABN AMRO Short Term Income Fund Institutional Plus had a little change in two aspects recently:

1. The Minimum application amount is changed from Rs. 10 Crores to Rs. 5 Crores
2. The Exit load is changed from 0.25% if redeemed within 15 days to 0.15% if redeemed within 90 days

Add commentOctober 21st, 2008

ABN AMRO Bond Fund

Scheme Name
ABN AMRO Bond Fund

Objective of Scheme
The Investment objective of the scheme is to generate income and capital gains through investments in a portfolio of debt and money market instruments.

Scheme Type
Open Ended

Scheme Category
Income

New Fund Launch Date
29-Sep-2008

New Fund Earliest Closure Date
22-Oct-2008

New Fund Offer Closure Date
22-Oct-2008

Indicate Load Separately
Below 1 Crore Entry Load - NIL Exit Load: 1% if investor redeems / Switches out within 6 Months from date of investment Nil if investor redeems / Switches out after 6 Months from date of investment 1 Crore or above - NIL

Offer Price (Rs.)
10

Minimum Subscription Amount
5000

1 commentOctober 18th, 2008

ABN AMRO Mutual Fund is now Fortis Mutual Fund

The Asset Management part of the ABN AMRO group are transferred to the Fortis group as a part of an indirect change in the control of the ABN AMRO Asset Management India Pvt Ltd. The SEBI has given its no-objection for the same amd jemce the name change from ‘ABN AMRO’ to ‘Fortis’.

A window period from October 10, 2008 to November 9, 2008 without any exit load is available (except for the ABN AMRO Tax Advantage Plan).

Add commentOctober 7th, 2008

ABN AMRO Fixed Term Plan Series 14 Plan A

Scheme Name
ABN AMRO FIXED TERM PLAN - SERIES 14 PLAN A

Objective of Scheme
The Investment objective of the scheme would be to achieve growth of capital through investments made in a basket of fixed income securities usually maturing in line with the time profile of the fund.

Scheme Type
Close Ended

Scheme Category
Income

New Fund Launch Date
22-Sep-2008

New Fund Earliest Closure Date
30-Sep-2008

New Fund Offer Closure Date
30-Sep-2008

Indicate Load Separately
Entry Load - NIL Exit Load: 2% if investor redeems before date of maturity

Offer Price (Rs.)
10

Minimum Subscription Amount
5000

Structure
A 370 day Close-ended Income Scheme with no assured returns.

Plans and Options under the Scheme
The Scheme offers Regular Plan and Institutional Plan, which will have two Sub-Options:-

Growth Option
Dividend Option (Calendar Monthly, Calendar Quarterly, Calendar Half Yearly, Calendar Yearly, and Dividend on Maturity Option).

The Dividend Option offers Dividend Payout and Dividend Re-investment Facilities. There shall be a single portfolio under the scheme i.e. a single portfolio for the Regular and Institutional Plans.
It may be noted that,
For Dividend Payable of Rs. 500/- or less: Automatic Compulsory reinvestment.
For Dividend Payable more than Rs. 500/-: Option to choose between Payout and reinvestment.

Add commentSeptember 24th, 2008

ABN AMRO Fixed Term Plan - Series 13 Plan D

Scheme Name
ABN AMRO Fixed Term Plan - Series 13 Plan D

Objective of Scheme
The Investment objective of the scheme would be to achieve growth of capital through investments made in a basket of fixed income securities in line with the duration of the scheme

Scheme Type
Close Ended
Scheme Category
Income

New Fund Launch Date
5-Sep-2008

New Fund Earliest Closure Date
15-Sep-2008

New Fund Offer Closure Date
15-Sep-2008

Indicate Load Separately
Entry Load - NIL Exit Load: 2% if investor redeems before date of maturity

Offer Price (Rs.)
10

Minimum Subscription Amount
5000

Add commentSeptember 15th, 2008