Magnum Balanced Fund invest in a mix of equity and debt investments. Hence they are less risky than equity funds, but at the same time provide commensurately lower returns. They provide a good investment opportunity to investors who do not wish to be completely exposed to equity markets, but is looking for higher returns than those provided by debt funds. The main features of the scheme are:

• In operation since October 1995
• Minimum investment of Rs. 1000
• Ideal for investors who wish to benefit from equity growth without excessive volatility
• Entry Load : Investments below Rs. 5 crores – 2.25% Investments of Rs.5 crores and above – NIL" SIP/STP - 2.25%
• Exit Load: Investments below Rs.5 crores < 6 months - 1.00% 6 months and 12 months - 0.50% Investments of Rs.5 crores and above - NIL
• SIP /STP-< 6 months from the date of investment of each instalment - 1.00%
• SIP : Minimum amount Rs.500/month - 12 months Rs.1000/month - 6months, Rs.1500/quarter - 12 months
• STP : Minimum amount Rs.1000/- month - minimum period of 6 months Rs.3000/ Quarter - minimum period of 6 months

Inter scheme switches to other equity schemes will not carry an Entry Load. However exit load will be applicable.

In respect of STP transactions, an investor would now be permitted to transfer any amount from the switch-out scheme, subject to a minimum transfer of Rs.1000 pm or Rs.3000 per quarter, without any restriction on maintaining the minimum balance requirement as stipulated for the switch out scheme. The minimum period for STP will be atleast 6 months.

Please read the Offer Document before investing.