AIG India Equity Fund
About the Company:
Name of the Company: AIG Global Investment Group Mutual Fund
The sponsor for the mutual fund is “AIG Capital Corporation” incorporated in USA. AIG Capital Corporation is 100% owned by American International Group. The group companies are located all over the world in USA, UK, Japan, HongKong, Thailand, Brazil, Canada etc
Type of Scheme: Open Ended Equity Scheme
Investment Objective:
It seeks to generate long term capital appreciation by investing in all kinds of equities in the stock markets i.e. large cap stocks, mid cap stocks, small cap stocks. They invest in any sector and also they invest in equity derivatives.
Asset Allocation:
The fund manager allocates 80% to 100 % of the funds in equities and equity related instruments. The fund manager would allocate 0 to 20 % of the funds in short term debt and money market Instruments.
SIP – Yes
SWP – Yes
STP - Yes
Types of Plan:
- Dividend
- Growth
The dividend Plan has two options i.e. dividend payout and dividend reinvest.
Minimum Investment Amount: Rs 5000
SIP, STP- Minimum Investment Amount – Rs 1000
Entry Load: NA
Exit Load: 1 % if the fund is redeemed within 1 year from the date of investment.
: NIL If the fund is redeemed after 1 year from the date of investment.
Disclaimer:
“Mutual Funds and securities investments are subject to market risks and there is no assurance or guarantee that the objectives of the Scheme will be achieved. Please read the Statement of Additional Information and Scheme Information Document carefully before investing”.
“In Mutual Funds, the past performance is not guaranteed in future”.
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