Money Tree

Salient features of the Scheme

Fund opens on : May 04,2007
Fund closes on : May 25,2007
Nature of the Scheme : A 3-year Close-ended Equity Growth Scheme
Benchmark Index : BSE Small cap Index
Trustee : DSP Merrill Lynch Trustee Company Pvt. Ltd.
Maturity of the Scheme : 3-years after the date of allotment.

Investment Objective : The investment objective is to seek to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securties, which are not part of the top 300 companies by market capitalisation. From time to time, the investemnt manager will also seek participation in other equity related securties to achieve optimal portfolio construction.

Investments : Indicative Allocation : Risk Profile

Equity and Equity related Securities which are not part of the top 300 stocks by market capitalization : 65% to 100%

Equity and equity related securities which are in the top 300 stocks by market Capitalization :0% to 35%

Investments in ADRs, GDRs and forgien securities :0% to 25%

Debt and Money market Securities :0% to 35%

Options : Growth, Dividend (Payout and Re-investment)

Minimum Application Amount:

Regular Plan : Rs.10,000/-
Institutional Plan : Rs. 5 crore

Load Structure

Entry Load : Nil

Exit Load :

For holding Period less than or equal to 12 months from the date of allotment: 4%
For holding Period more than 12 months but less than 24 months from the date of allotment: 3%
For holding Period more than 24 months but less than 36 months from the date of allotment: 2%
For holding Period more than 36 months from the date of allotment: 0%

Redemption of Units subscribed to after conversion into an open ended scheme :
Regular Plan: 0.50% (For redemption within 6 months from date of allotment)
Institutional Plan: Nil.

NFO Expenses: The present estimate is 4.50% but may rise upto 6.00% of the intial resources mobalised (to be amortised over a period of 3 years.)

Recurring Expenses:

Regular Plan :
First Rs.100 crore : 2.50%
next Rs.300 crore : 2.25%
next Rs.300 crore : 2.00%
Balance : 1.75%

Institutional Plan: 1.45%