Invest in
NFO period: 11th February to 25th February 2013
Rajiv Gandhi Equity Saving
Scheme (RGESS)
With an objective to encourage flow of savings of the
retail investors in domestic capital market, the
Government of India (GOI) in its Union Budget 2012
announced Rajiv Gandhi Equity Savings Scheme, 2012
(RGESS) to offer tax benefits to New Retail Investors u/s
80 CCG of IT Act 1961 providing tax benefits over and
above Rs 1 lakh limit u/s 80 C.
IDBI Mutual Fund launches IDBI RGESS a 3 year close
ended scheme ( NFO Period 11 Feb -25 Feb ‘13) which is
open to all investors and extends income tax benefits to
all Eligible Investors u/s 80CCG.
IDBI Asset Management Ltd.
� Wholly owned by IDBI Bank Ltd , A PSU Bank
� PSU Mutual Fund status as DPE Guidelines 2008
� Date of Incorporation - 25th January 2010
� Date of SEBI Approval - 29th March 2010
� Wide variety of products – Equity (active and passive), Bonds,
Money market fund, Fund of Funds and ETF
� Strong fund management team with diverse experience
� Presence in over 50 cities in India
� AAUM – Rs. 6255 Crs (Oct – Dec Qtr, 2012)
� No of Folios - Over 117000
� Fund Administrator – CAMS
� Custodian – Stock Holding Corporation of India, Bank of Nova Scotia
Our Product Offerings
Equity
IDBI Nifty Index Fund
IDBI Junior Nifty Index Fund
IDBI India Top 100 Equity Fund
Introducing IDBI Rajiv Gandhi Equity Saving
Scheme
Debt
IDBI Liquid Fund
IDBI Ultra Short Term Fund
IDBI Monthly Income Plan
IDBI Short Term Bond Fund
IDBI Dynamic Bond Fund
IDBI Fixed Maturity Plans
IDBI Gilt Fund
Exchange Traded Funds
IDBI Gold Exchange
Traded Fund
Fund of Funds
IDBI Gold Fund
IntroducingIDBI Rajiv Gandhi Equity Saving Scheme
A close -ended growth scheme offering income tax benefits
under Section 80CCG of the IT Act, 1961
Features of IDBI RGESS
• 3 year close ended Fund , open to all Investors
• Listed and Traded on NSE & BSE , redemption on
maturity
• Tax Benefits u/s 80 CCG- such eligible investors shall
- Hold units in Demat form
- Have fixed lock-in for a period of 1 year
- Flexible lock-in for 2 years thereafter
• Investors not seeking tax benefits can hold units in
physical mode also
Benefits of Investing in
IDBI RGESS
Additional Tax Benefit U/S 80 CCG over and
above Rs 1 lakh limit u/s 80 C
Dividends & Capital Gains on RGESS investments
are Tax free
Investis in stocks of well researched Large
Companies including PSUs
Offers investment in a large pool of securities
with a minimum investment amount
Resembles IDBI India Top 100 Equity Fund
Am I eligible for Sec 80 CCG benefit?
You are a resident Individual
with gross total annual
income upto Rs 10 lakh?
You do not have have any
Equity Securities in your
demat account as on
November 23 , 2012?
You have not made any
transactions in equity or
derivatives before
November 23, 2012?
You are a New Retail Investor –
Eligible for Income Tax Benefit for
investments upto Rs 50,000 u/s
Section 80 CCG
Yes
Yes
Yes
Illustration of 80 CCG Tax Benefits
Amount Invested In RGESS
Amount (Rs.)
50,000 25,000 10,000
Maximum Eligible Investments in
RGESS
50,000 25,000 10,000
50% Deduction on RGESS Deduction 25,000 12,500 5,000
Tax Saving under RGESS
10% Tax Bracket 2,500 1,250 500
20% Tax Bracket 5,000 2,500 1,000
Note- Deduction under 80CCG is available only where gross total annual income doesn’t exceed Rs.10
lakhs.
The Maximum investment amount eligible for tax deduction under section 80CCG is Rs. 50000 in the
year of investment.
Tax exemption under section 80CCG is available only for the initial year of investment. Hence ensure
to make maximum eligible investment to claim the maximum tax benefit.
Where does IDBI RGESS invest ?
IDBI RGESS will invest in Eligible Securities as below :
• Equity shares of select companies which include:
– Companies falling in the list of ‘CNX-100’of NSE
or ‘BSE-100’ indices
– Public sector enterprises categorized as Maharatna,
Navratna or Miniratna by the Central Government.
• IPOs & FPOs of above mentioned companies.
Scheme Features
Investment
Objective
To generate opportunities for growth while providing income
tax benefits under Section 80CCG of the IT Act, 1961 by active
management of portfolio investing predominantly in RGESS
eligible equity.
Asset
Allocation
Pattern
Instrument Indicative
allocation
(% of total
assets)
Risk Profile
Min. Max.
RGESS eligible equity 95% 100% Medium to High
Money Market instruments
with residual maturity not
exceeding 91 days and
CBLO
0% 5% Low to Medium
IDBI Rajiv Gandhi Equity Savings Scheme - Series I will be a 3 year close-ended Fund
Scheme Features
Minimum Investment Rs. 5000 and in multiples of Re. 1 ( Lumpsum Investments
Only- SIP is not available in the scheme)
Plans & Option The scheme offers :-
� Regular Plan – Dividend & Growth Option
� Direct Plan – Dividend & Growth Option
The dividend option under each plans offers following
mode of dividend:
- Dividend Payout
- Sweep into other IDBI MF schemes
Benchmark BSE 100 Index
Lock-in period Scheme will have a tenor of 3 years from the date of
allotment. ( Listed on NSE & BSE )
Open a Demat Account with any Depositary Participant
Designate the Demat Account as RGESS Account by filling Form A. The depository shall certify the new retail investor status of the
assessee
Invest in IDBI RGESS in DEMAT MODE by giving your DEMAT
account details
DP statement will reflect the availability of RGESS eligible
securities in the demat account of the investor.
How To Avail 80 CCG Benefits
by Investing in IDBI RGESS
IDBI RGESS NFO Dates
11 Feb – 25 Feb 2013
Thank you
Disclaimer
Statutory Details: IDBI Mutual Fund has been set up as a trust sponsored by
IDBI Bank Ltd. with IDBI MF Trustee Company Ltd. as the Trustee (Trustee
under the Indian Trusts Act, 1882) and with IDBI Asset Management Ltd. as
the Investment Manager. Risk Factors: AMC / Trustee / Sponsor is not liable
or responsible for any loss or shortfall resulting from the operations of the
scheme. Mutual Fund Investments are subject to market risks, read all
scheme related documents carefully. For further information please contact:
IDBI Asset Management Ltd., 5th Floor, Mafatlal Centre, Nariman Point,
Mumbai- 400 021.