Examples of Scheme Plan in a sentence
Scheme Plan ( ) Regular DirectOption ( ) Growth (Default) Payout of Income Distribution cum capital withdrawal option (earlier known as Dividend Payout) Reinvestment of Income Distribution cum capital withdrawal option (earlier known as Dividend Reinvestment)Sign Here - Sole/First Applicant/Guardian/POA Sign Here - Second ApplicantInvestment Amount (`) NetAmount (`)Cheque/DD No. Bank A/c.
Investors are required to indicate their choice of Scheme, Plan, Option and Payout option for which subscription is made at the time of filling up the Application Form.
Investors subscribing under Direct Plan of a Scheme/Plan will have to indicate “Direct Plan” against the Scheme/ Plan name in the application form.
The Switch will be effected by way of a Redemption of Units from the Scheme/ Plan and a reinvestment of the Redemption proceeds in respective Plan(s) under the Scheme and accordingly, to be effective, the Switch must comply with the Redemption rules of the Scheme/ Plan and the issue rules of the respective Plan(s) under the Scheme (e.g. as to the minimum number of Units that may be redeemed or issued, Exit/ Entry Load etc).
The price at which the Units will be Switched-out of the respective Scheme/ Plan will be based on the Redemption Price, and the proceeds will be invested in respective Plan(s) under the Scheme at the NFO price.