Investment Focus
FIBCF is a steady growth scheme that invests mainly
in large cap bluechip shares.
Launched in October 1993 as a 3-year closed end
fund, FIBCF was converted into an open end fund from January 1997. Ever since its
inception, FIBCF has been ranked consistently among Indias top performing
funds.
| Performance Snapshot |
|
Last 6 Months |
Last 1 Year |
Last 3 Years* |
Last 5 Years* |
Last 7 Years* |
Last 10 Years* |
Since Inception* |
| FIBCF
(G) |
65.36% |
21.01% |
16.62% |
26.52% |
33.55% |
26.69% |
26.26% |
| FIBCF
(D) |
65.37% |
21.02% |
16.62% |
26.52% |
33.55% |
26.70% |
26.26% |
| BSE
Sensex |
66.28% |
9.16% |
13.39% |
24.80% |
26.69% |
13.17% |
10.47% |
| Past performance may or may not be sustained in the future.
* Compounded and annualised. As on July 31, 2009. |
Highlights
- Daily NAV
- Choice: Growth Plan and Dividend Plan
(Reinvestment & Payout options)
- Low entry amount of Rs.5000
- Easy liquidity: transactions are
processed within 4 working days normally
- Convenience of Systematic Investment
Plan: the ideal way to accumulate wealth over the long term
- NRIs can invest on a fully repatriable basis
Fund Information
| Net Asset Value |
Calculated and disclosed on all business days |
Minimum Investments : |
|
New Investments
Additional Investments |
Rs. 5,000
Rs. 1,000 |
Load |
| Entry Load |
Exit Load |
|
Nil |
In
respect of each purchase
of Units - 1% if the Units
are redeemed/switched-out
within one year of allotment
|
|
| Systematic Investment Plan |
Minimum Amount Rs. 500 per month for 12months,Rs. 1000 per month for
6 months |
| Systematic Withdrawal Plan |
Minimum withdrawal of Rs.1000 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
|
|