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Saturday, July 25, 2015

Escorts MF Announces Discontinuation of Bonus Option under two schemes

With effect from 01 August 2015 

Escorts Mutual Fund has approved discontinuation of the bonus option / plan under Escorts Income Plan and Escorts High Yield Equity Plan, with effect from 01 August 2015
Accordingly, the scheme would have only dividend and growth option with growth option as the default option. 

Consequently, no fresh subscription would be accepted under the bonus option of the schemes, whether by way of fresh subscription or additional purchase / switch-in or under Systematic Investment Plan (SIP). 
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