Escorts Power & Energy Fund

A New Fund Offer or NFO is currently open in the Indian Mutual Fund Markets. The NFO belongs to Escorts Mutual Fund house which has come out with its Escorts Power & Energy Fund.

What are the NFO dates for Escorts Power & Energy Fund?
The NFO for Escorts Power & Energy Fund will open on August 25th 2008 and will close on September 23, 2008.

What are the investment purpose and objective of Escorts Power & Energy Fund?
The Escorts Power & Energy Fund is an open ended mutual fund, hence any number of units can be bought or sold as per the demand and supply. This fund focuses on Power/ Energy Sector and tries to generate good returns in the long run for the investors who believe that the Power and Energy Secotr can give them good returns and the Escorts Fund Management will be able to capitalize those returns in this sector.

What is the fund class and type of Escorts Power & Energy Fund?
The Escorts Power & Energy Fund offered by Escorts Fund house is an Equity Diversified scheme and is open ended in nature.

What are the Investment plans available within Escorts Power & Energy Fund?
There are two investment options available within Escorts Power & Energy Fund. Dividend and Growth. Dividend Reinvestment is default sub-option
under divided option. The investor can select the option as per his needs.

What is the Entry load for Escorts Power & Energy Fund?
The entry load charges for Escorts Power & Energy Fund is the same as standard 2.25%, like that for any other fund.

Related: Other fund from Escorts: Escorts Leading Sectors Fund

What are the exit load charges for Escorts Power & Energy Fund?
The exit load charges for Escorts Power & Energy Fund is 1% if redeemed within 1 year from the date of allotment.

Is there a SIP option available within Escorts Power & Energy Fund?
Yes. SIP or Systematic Investment Plan is available within Escorts Power & Energy Fund. The SIP Entry load for Escorts Power & Energy Fund is 2.25% per transaction

What is the minimum application amount for the Escorts Power & Energy Fund?
The minimum application amount for Escorts Power & Energy Fund is Rs. 5000/- and in multiples of Re. 1 thereafter (under both options) growth and dividened.
When will the scheme reopen for continous sale and repurchase of Escorts Power & Energy Fund?
Escorts Power & Energy Fund scheme re-opens for continous sale and repurchase on : 20th October, 2008