AIG Infrastructure and Economic Reform Fund is an open-ended equity scheme that seeks to generate long-term capital appreciation by investing in companies that may benefit from potential investments in infrastructure and unfolding economic reforms without having any bias towards any sector or market capitalization range.
| Structure |
An open ended equity scheme with two plans:
 Regular Plan
Institutional Plan
Both Plans will have a common portfolio. However, the returns under each Plan are expected to vary having regard to specified expense ratio under the relevant Plan.
The Scheme does not assure or guarantee any returns.
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| Investment Objective |
The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly (at least 65%) equity and equity-related securities of companies involved in economic development of India as a result of potential investments in infrastructure and unfolding economic reforms.
However there can be no assurance that the investment objective of the scheme will be realized as actual market movements may be at variance with anticipated trends.
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| Asset Allocation |
Under normal circumstances, it is anticipated that the asset allocation shall be as follows:
| Instrument |
Range of Allocation (% of net assets) |
Risk Profile |
| Equity and equity related securities |
80% to 100% |
High |
| Debt & money market securities/instruments/funds |
0% to 20% |
Low to Medium |
The fund would remain fully invested upto 95% in equity and equity related securities and will have only 5% in short term debt and money market instruments to meet short term liquidity requirements of the scheme.
The above Asset Allocation Pattern is only indicative. The investment manager may, in line with the investment objectives of the Scheme, alter the above pattern for a short term period, of upto 90 days, and on defensive considerations, the intention at all times being to protect the interests of the Unit Holders.
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| Benchmark for performance comparison |
BSE-100 |
| Options available under each Plan |
The Scheme offers Growth option and Dividend option. The Dividend option offers Dividend Payout and Dividend Reinvestment facilities. |
| Minimum Application Amount & Minimum Additional Application Amount |
Regular Plan
For all first time purchases, the application must be for a minimum amount of Rs. 5,000/–. For all subsequent purchases, the application must be for a minimum amount of Rs. 5,000/–.
In the case of purchases through SIP and STP, the minimum installment amount shall be Rs. 1,000/-.
The minimum amount in case of inter/ intra scheme (inter plan/inter option) switches shall be the minimum amount required in the respective transferee scheme/plan.
Institutional Plan
For all first time purchases, the application must be for a minimum amount of Rs. 5 crore. For all subsequent purchases, the application must be for a minimum amount of Rs. 5 lakh.
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| Minimum Amount / Units for Redemption |
The minimum amount for redemption must be Rs. 1000/- or account balance whichever is less. |
| Load Structure |
| Particular |
Purchase |
Purchase through SIP / Micro SIP / STP (Applicable only in Regular Plan) |
| |
Regular Plan |
Institutional Plan |
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| Entry Load* |
Not Applicable |
Not Applicable |
Not Applicable |
| Exit Load |
1.00% of the Applicable NAV if redeemed within 1 year from the date of allotment. |
1.00% of the Applicable NAV if redeemed within 1 year from the date of allotment. |
1.00% of the Applicable NAV if redeemed within 1 year from the date of allotment. |
*In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.
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| Facilities Offered to Investors under the Scheme |
Systematic Investment Plan (SIP)
Systematic Withdrawal Plan (SWP)
Systematic Transfer Plan (STP)
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| Fund Manager |
Huzaifa Husain |
Current Expense Ratio
(Effective since inception, 25 Feb 2008)
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On the first 100 crores average daily net assets 2.50%
On the next 300 crores average daily net assets 2.25%
On the next 300 crores average daily net assets 2.00%
On the balance of the assets 1.75%
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