5a chapter 9

AMC decides NFO

AMC prepares scheme related document for NFO

NFO will be always given at price rs10

Direct plan means investing through intermediaries

There is no scheme reopening date for close ended fund

Dividend can be paid from unclaimed surplus

In a growth option, dividend is not declared

The reduced nav after dividend is paid is known as ex-dividend

Allotment should be completed within 5 business days from NFO close date

Dormant period is 8 months