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| Key Facts |
| Fund Type |
Open
end, income, no entry load |
| Inception Date |
June 23,
1997 |
| Fund Manager |
Sachin Padwal Desai and Vivek Ahuja |
| Options |
Growth, Bonus and
Dividend ( Monthly, Quarterly, Half-yearly and Annual)
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| Investment Focus TIIBA is a no-entry load open end income
scheme which has the potential for delivering superior returns without compromising on
safety, with the advantages of tax benefits and easy liquidity.
TIIBA lets you decide the frequency of your
dividends. Choose from the Monthly, Quarterly, Half-yearly and Annual options in
Dividend Plan in IBA.
Note :
- The minimum amount of redemption shall be Rs. 1000 except when an
account is being closed or under Systematic Withdrawal Plan.
- The scheme reserves the right to limit the number of units which may
be redeemed on a working day to 5% of the outstanding units. In addition, the scheme
reserves the right to limit redemptions in a single account to Rs. 10 lacs in a single
day.
| Performance Snapshot
|
|
Last
6 Months |
Last
1 Year |
Last
3 Years* |
Last
5 Years* |
Since
Inception* |
| TIIBA
(G) |
4.00% |
11.02% |
7.00% |
5.14% |
9.35% |
| TIIBA
(D) |
3.99% |
11.00% |
7.00% |
5.13% |
9.34% |
| Crisil
Composite Bond Fund Index |
2.55% |
11.59% |
6.77% |
5.50% |
N.A |
|
Past performance
may or may not be sustained in the
future.
* Compounded and
annualised. As on July 31, 2009.
|
Highlights
- Daily NAV
- Choice of Dividend Plan ( Monthly,
Quarterly, Half-yearly and Annual) and Growth Plan for capital appreciation. Dividend
Reinvestment option and Bonus Plan are also available.
- No tax deducted at source (TDS) on
redemptions irrespective of the amount redeemed
- Redemption proceeds to be mailed
within 4 working days normally (subject to certain limitations)
- NRIs can invest on a fully repatriable basis
Fund Information
| Net Asset Value |
Calculated and disclosed on all business days |
Minimum Investments :
Plan A
New Investment
|
Rs.50,00,001/-
|
Plan B
New Invesment
|
Rs. 25,000 (HD, AD, BP & GP)
Rs. 10,000; Rs.1000 (MD,QD)
|
Load |
| PLAN A |
| Entry Load |
Exit Load |
Nil |
0.50% * |
| PLAN B |
| Entry Load |
Exit Load |
Nil |
0.50%* |
| * if redeemed within 6 months |
|
| Systematic Investment Plan |
Minimum Amount Rs. 500 per month for 12 months, Rs.1000 per month
for 6 months |
| Systematic Withdrawal Plan |
Minimum withdrawal of Rs.500 or fixed number of units (Minimum
investment/account balance for availing this facility is Rs.25,000) |
| Tax Benefits |
Indexation benefits
Units are not liable to Wealth Tax and Gift Tax.
No TDS on redemptions for resident investors
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