| Investment
Focus
Saving for
retirement is of paramount importance to all
of us. TIPP, India's first pension fund in the
private sector helps you save for your retirement
in a convenient and flexible manner.
TIPP
invests in a mix of high quality debt
instruments and equities to ensure relative
stability of your investment and to deliver
superior returns in comparison to traditional
tax-saving instruments.
| Performance Snapshot |
|
Last
6 Months |
Last
1 Year |
Last
3 Years* |
Last
5 Years* |
Since
Inception* |
| TIPP
(G) |
23.70% |
11.50% |
10.20% |
12.76% |
14.13% |
| TIPP
(D) |
23.70% |
11.50% |
10.19% |
12.76% |
14.13% |
| Benchmark** |
27.57% |
13.93% |
11.42% |
13.53% |
N.A |
|
Past performance
may or may not be sustained in the
future.
* Compounded and
annualised. As on July 31, 2009.
** 40% S&P CNX 500 + 60% Crisil Composite Bond Fund Index
|
Highlights
- Premature
withdrawal after 3 years at a nominal charge
on the NAV
- Choice
of 2 plans - Dividend Scheme & Growth
Scheme
- Convenience
of investing amounts as low as Rs.500
- As per Section 80(C)(7) - pension fund and subscription to deposit scheme referred to in clause (xiiic) to (xiva) of section 88(2) of the Act shall be eligible for deduction under the corresponding provisions of Section 80(C)
Fund Information
| Net Asset Value |
Calculated and disclosed on all business days |
|
Minimum Investments :
New Investors
Additional Investments
|
Rs.
500
Rs. 500
|
|
Load
|
| Amount (Rs.) |
Entry Load |
Exit Load |
|
Any Amount |
Nil |
3% *
Nil **
|
| * If redeemed before the age of 58 years
- Subject to a 3 year lock-in
period. |
| ** If redeemed after the age of 58 yrs |
|
| Systematic Investment Plan |
Minimum Amount Rs. 500 per month for 12months,
Rs. 1000 per month for 6 months |
| Systematic Withdrawal Plan |
NA |
| Tax Benefits |
Indexation benefits
Units are not liable to Wealth Tax and
Gift Tax.
|
|
