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Thursday, November 12, 2015

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Peerless MF Long Term Advantage Fund - Tax Savings Scheme ELSS

Peerless Mutual Fund(MF) has launched a new fund named as Peerless Long Term Advantage Fund, an open ended equity linked savings scheme (ELSS) with a 3 year lock-in. 
The (NFO) price for the scheme is Rs. 10 per unit. 

The new issue will be open for subscription from 2015, 9 November to 21 December 2015.

The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income generation along with the benefit of income tax deduction (under Section 80 C of the Income Tax Act, 1961) on their investments.
The scheme offers growth and dividend payout option under both regular plan and direct plan.

The scheme shall invest 80% to 100% in equity and equity related instruments with high risk profile and invest upto 20% of assets in debt & money market instruments with low to medium risk profile.

The minimum application amount is Rs. 500 and in multiple of Rs. 500 thereafter.

Entry load: Not applicable.

Exit load: Nil.

Benchmark Index for the scheme is S&P BSE 100 Index.

The scheme will be managed by Amit Nigam and Killol P.Pandya.

For more details

+ 1800 103 8999 (Toll Free)


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