ABL Government Securities Fund (ABL-GSF) is an Open-end Income Scheme Fund.
Its objective is to deliver optimal risk adjusted returns by investing mainly in a mix of short to long term Government Securities and other debt Instruments.
It is ideal for Investors with a short and medium term investment mindset.
Fund Stability Rating: A+(f) (JCR-VIS)
Minimum Investment starts from Rs. 5,000/
The minimum amount for subsequent investments can start from Rs.1,000/-
The Fund invests majorly in T-bills and other government securities
- Exemption from Zakat on submission of relevant Affidavit.
Encashment can be made any time*
- Front End Load: 1.5%
- Back End Load: Nil
Tax efficient returns and tax credit (As per current tax law)
Monthly and quarterly income plans available
Access to online account statements
Benchmark: 70% average 6m-PKRV & 30% average 3 Months deposit rates of AA- & above rated bank
*However constitutive documents provide for six working days to pay redemption proceeds..