Fortis Flexi Debt Fund

Objective :

To generate income through investments in a range of Debt and Money Market Instruments of various maturities with a view to maximise income while maintaining an optimum balance between yield, safety and liquidity.

Structure :

Open Ended Income Scheme with no assured returns.

Inception Date :

September 03, 2004

Plans and Options under the Plan :

Growth Option, Daily Dividend Option with compulsory Dividend re-investment, Weekly Dividend Option with compulsory Dividend re-investment, Quarterly Dividend Option and Half-Yearly Dividend Option. The Quarterly & Half-Yearly Dividend Options offer Dividend Payout and Dividend Re-investment facilities.

Face Value (Rs/Unit):

Rs. 10

Minimum Investment :

Growth Option: Rs 5000; Daily Dividend Option: Rs. 10,00,000; Weekly Dividend Option: Rs.1,00,000; Quarterly Dividend Option and Half-Yearly Dividend Option: Rs. 20,000 

Entry Load :

For amount less than Rs. 5 crore, Entry Load is 2.25%. For amount greater than Rs. 5 crore, Entry Load is Nil.

Exit Load :

(A) 1% of NAV, if the amount invested is less than Rs. 5 crores and redemption is made before 6 months. (B) Nil - if (i) Original investment is Rs. 5 crores or more per transaction. Or (ii) Redemption request made on/after 6 months from date of allotment irrespective of original investment.

Daily NAV & Price: