ABL Special Savings Plan-I(ABL SSP-I) launched under “ABL Special Saving Fund”, is a limited time investment option with an objective to boost your income stream by regular profit payouts, while providing peace of mind. It will benefit from current scenario of high yield on medium to long term Fixed Income securities for generating competitive returns while maintaining minimal risk level.
The investment objective of the plan is to generate long term growth on savings and provide a lump sum amount to investors at the time of redemption. Periodic payments will help the investor to average out the planned assets and instill a disciplined approach to investing.
ABL Asset Management Financial Planner will help investors in building up their savings for meeting future financial goals as given below:
| Scheme Name | ABL Special Savings Plan-I |
|---|---|
| Categorization | Allocation plan under the Capital Protected Scheme |
| Objective of the scheme | The plan aims to offer competitive return along with periodic profit distribution while providing capital preservation for unit holders holding their investment within 24 months from commencement of life of plan. |
| Benchmark | Average of 6 months PKRV rates. |
| Minimum Investment Amount | Rs.5,000 |
| Entry load | Up to 1% |
| Exit load | 2% during 1st year, 1% during 2nd year |
| Management Fee | 0.5% of total AUMs per annum |
| FY 23 | FY 22 | FY 21 | FY 20 | |
|---|---|---|---|---|
| ABL Special Savings Fund – I Returns | 16.96% | 7.34% | 3.28% | 14.02% |
| Benchmark | 19.89% | 10.57% | 7.75% | 9.00% |
