Fortis Tax Advantage Plan
Objective :
To generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities along with income tax rebate, as may be prevalent from time to time.
Structure :
Open Ended Equity Linked Tax Saving Scheme with no assured returns.
Inception Date :
December 20, 2005
Plans and Options under the Plan :
Growth Option and Dividend Option. The Dividend Option offers Dividend Payout and Dividend Re-investment facilities.
Face Value (Rs/Unit):
Rs. 10
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 :
Nil.
Daily NAV & Price:
Scheme | NAV | Repurchase Price | Sale Price | Date |
---|---|---|---|---|
Fortis Tax Advantage Plan (ELSS)-Dividend Option | 12.281 | 12.281 | 12.281 | 21-Oct-2010 |
Fortis Tax Advantage Plan (ELSS)-Growth Option | 15.417 | 15.417 | 15.417 | 21-Oct-2010 |