A Fund of Funds scheme that will invest in international securities of Gold production, processing & marketing Companies through an international fund - Falcon Gold Equity Fund.
| Investment Objective |
The primary investment objective of the Scheme is to provide long term capital appreciation by investing predominantly in units of Falcon Gold Equity Fund. The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes. The Scheme may also invest a certain portion of its corpus in debt and money market securities and/or units of debt/liquid schemes of Mutual Funds, in order to meet liquidity requirements from time to time.
However, there is no assurance that the investment objective of the Scheme will be realized.
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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 |
| Units of Falcon Gold Equity Fund# &/or other similar overseas mutual fund scheme(s) |
80% to 100% |
High |
| Debt and money market securities and/or units of debt/liquid schemes of Domestic Mutual Funds. |
0% to 20% |
Low to Medium |
# In the units of Falcon Gold Equity Fund, a mutual fund subject to Swiss law in the "securities funds" category as defined by the Investment Funds Act dated March 18, 1994.
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 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 |
Financial Times Gold Mines Total- Price Index, in USD is the benchmark of Falcon Gold Equity Fund.
The above translated to INR using the RBI Reference Rate will be the benchmark if AIG World Gold Fund.
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| Options available |
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 |
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 switches shall be minimum amount required in the respective transferee scheme/plan.
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| Minimum Amount / Units for Redemption |
The minimum amount for redemption must be Rs. 1000/- or account balance whichever is less. |
| Applicable NAV |
For all purchase, redemption and switch transactions- For valid applications accepted:
Upto 3:00 PM (Cut-off time) on a Business Day- NAV of such Business Day
After 3:00 PM (Cut-off time) on a Business Day- NAV of the following Business Day
The above will be applicable only for cheques/ drafts/ payment instructions payable locally in the city in which ISC is located. Outstation cheques/ drafts will not be accepted.
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| Load Structure |
| Particular |
Purchase |
Purchase through SIP / Micro SIP / STP |
| Entry Load* |
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 |
*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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Current Expense Ratio
(Effective since inception, 6 June 2008)
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0.75%
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