IDBI provides alternate armamentarium investment options. They action schemes in disinterestedness as able-bodied as debt. The assorted schemes are listed beneath here.
List of Alternate armamentarium Schemes:
- Equity Plans:
- IDBI Nifty Junior Index Fund
- IDBI Nifty Index Fund
- Debt Plans:
- IDBI Aqueous Fund
- Ultra Short Term Fund
- IDBI Nifty Junior Index Fund:
This arrangement has both advance and allocation options. The allocation can be accustomed anon as banknote or reinvested. The face amount is 10 rupees. The minimum investment is 5000 rupees and added investment is in multiples of 100 rupees. Additional acquirement of 1000 rupees is allowed. Access amount is nil. The avenue amount is 1%, if the units are awash on or afore 1 year of the allocation of the units. It is for both NFO and SIP. Moreover, it has SIP plans. Systematic investment affairs allows account installments. The account options are multiples of 100 rupees for at atomic 12 months or multiples of 100 rupees for at atomic 6 months. The annual options are multiples of Rs. 100 per division for a minimum aeon of four quarters.
IDBI Aqueous Fund:
This is a new armamentarium action alien on 7th July 2010. It is an accessible concluded aqueous scheme. The units are offered at 10 rupees. Later, the amount will change according to the NAV based prices. This arrangement has both advance and allocation options. The allocation options accept subcategories. They are weekly, account and circadian dividends. The access amount is not applicable. The avenue amount is nil. 5000 rupees is the minimum investment. SIP has account and annual options.