Overview
ABL Fixed return plan aims to provide fixed rate of return while ensuring capital preservation for the unit holders at the time of maturity.
Investment Objective
ABL-Fixed Return Plan (ABL- FRP) is an Allocation Plan under “ABL Special Savings Fund” with an objective to earn competitive fixed return at the maturity along with capital protection for unit holders maintaining their investments in the Plan for a period of Twelve (12) months.
Key Features & Benefits
- An ideal investment option to get Fixed Return with capital preservation.
- Up to 100% investment in ‘AA’ and above-rated authorized investable avenues.
- No Entry or Exit charges.
Product Suitability
- Ideal for risk-averse investors offering an opportunity to earn 16.25% (expected annualized return).
- Suitable for investors with short to the medium-term investment horizon.
- Risk level- Low
Risk Metrics:
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Low
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Moderate
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Medium
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High
Scheme Features
| Scheme Name | ABL Fixed Return Plan |
|---|---|
| Categorization | Allocation plan under ABL Special Savings Fund (Open-end Capital Protected Scheme) |
| Objective of the scheme | To earn competitive fixed return at the maturity along with capital protection for unit holders who retain their investment in the Plan for a period of Twelve (12) months, subject to conditions mentioned hereinafter. |
| Benchmark | Average of 6 Months PKRV Rates |
| Minimum Investment Amount | Rs. 25,000/- |
| Entry load | NIL |
| Exit load | NIL |
| Contingent Load | Shall be charged on Redemption prior to maturity and shall commensurate with net loss incurred due to early Redemption, as determined by the Management Company |
| Management Fee | 6% of Gross Earning (subject to a Minimum Floor of 1% of Net Assets p.a. and a Maximum Cap of 1.5% of Net Assets p.a.) |