The Scheme/Plan will have two Sub-Plans# i.e. Regular Sub-Plan & Direct Sub-Plan with a common portfolio and separate NAVs. Investors should indicate the Sub-Plan for which the subscription is being made by indicating the choice in the application form.
Each of the Sub-Plans mentioned above offers Growth Option.
# Direct Sub-Plan is only for investors who purchase /subscribe Units in a Scheme directly with the Fund. This Sub-plan is not available for investors who wish to purchase/ subscribe units through a Distributor – such investors have to subscribe for Regular Sub-Plan.
Regular Sub-Plan and Direct Sub-Plan have the same features (i.e. Investment Objective, Asset Allocation Pattern, Investment Strategy, Risk factors) and Facilities offered including terms and conditions except that Direct Sub-Plan shall have a lower expense ratio excluding distribution expenses, commission, etc and no commission for distribution of Units will be paid / charged under Sub-Direct Plan.