IDLC MUTUAL FUNDS

Yes

Cost averaging is investing a fixed amount on a regular basis for a long-term to take the advantage of the market cycle. As the investment amount is fixed, more units are purchased when price is low and fewer when price is high. Suppose, x invested BDT 60,000 at a time, while y invests the same amount but in an installment of BDT 5,000 every month for a year. The table below illustrates how their investment would behave:

The insurance premium amount is BDT 25 per month per 1 lakh taka SIP size.

No

The maximum amount of SIP installment is BDT 1,000,000 per registration for individuals. There is no maximum limit for institutions.

To discontinue the SIP, the investor must provide an application to the asset manager at least 5 working days before the next installment date.

Units surrendered in less than 90 calendar days of purchase will get 3% less (exit load) than the published “investor’s sale price”. For IDLC SIP investors, 90 calendar days will be calculated from 1st installment date

o There are no penalties for default. However, the default of 2 (two) installments will result in discontinuation of SIP. If investor wants to continue his SIP again, he/she will have to re-register as a new SIP account.

No

Yes, the minimum investment amount is BDT 5,000

There is no minimum lot size of units under the SIP. Any fraction amount remaining will be converted when it sums up to one unit. If at surrender, remaining amount does not sum up to 1 unit then the remaining amount will be transferred via BEFTN.

Payment in respect of the first installment can be made using a cheque / BEFTN / pay order / demand draft. The payment for all the subsequent installments will have to be through direct debit facility/auto-debit/standing instruction facility as provided by the investors

An arrangement made with the bank that allows IDLC to transfer a fixed amount (as instructed by investor) from investor’s account on an agreed date.

Request for change in bank account information should be submitted at least 5 working days before the next installment date.

No, the investor cannot pay a lump sum amount in advance for SIP. He/she will have to pay a pre-determined fixed installment every month at the investor’s discretion.

Yes, investor may surrender his/her units partially and continue SIP installments till maturity.

7th of every month. If the investor defaults on that day, the auto-debit will occur on 12th of that month at the prevailing nav of that week.

Purchase price will be valid from sunday to wednesday. Investors will be able to avail on the prevailing purchase price of that particular week.

Auto-debit will take place on the following working day on that week’s purchase price.

Yes

Yes. Minimum installment is BDT 10,000.

Yes, with two different registration numbers.

Yes, with two different registration numbers.

No, investors must surrender current SIP account and register again for his/her preferred mutual fund.

Yes. Cash or reinvestment units as preferred by the investor.