Explore key insights, growth opportunities, and performance metrics of Ventura AMCL Balanced Fund for optimal value.
| Name | Ventura AMCL Balanced Fund |
|---|---|
| Type | Open-End Mutual fund |
| Life and Size of the Fund | Perpetual life and unlimited size |
| Sponsor | Ventura Asset Management Company Ltd. |
| Asset Manager | Ventura Asset Management Company Ltd. |
| Trustee | Sandhani Life Insurance Co. Ltd. |
| Custodian | BRAC Bank PLC. |
| Initial Size of the Fund | BDT 25,00,00,000 (Taka Twenty-Five Crore) divided into 2,50,00,000 (Two Crore Fifty Lacs) Units of BDT10 (Taka Ten) each |
| Face Value | BDT 10 (Taka ten) per Unit |
| Nature | Open-end Mutual Fund with unlimited size. |
| Objective | To generate long-term capital appreciation along with current income by investing in a mix of Equity, Debt Instruments, and money market instruments. These include listed equities, open-end end & closed-end mutual funds, bonds, government securities, IPO & Pre-IPO placements. The fund also targets to achieve lower risk or standard deviation than the market by constructing a balanced portfolio. |
| Minimum Application Amount | BDT 5,000/- per application (500 Units) for individuals. BDT 100,000/- per application (10,000 Units) for institutions. Not Applicable for SIP investors. |
| Transparency | NAV will be calculated on a weekly basis and shall be published on the website of the Fund manager (https://www.ventura-amc.com) and as prescribed in the Rule. |
| Target Group | Individuals (both resident and non-resident), institutions (both local and foreign), mutual funds, and collective investment schemes are eligible to subscribe the Units of the Fund. |
| Dividend | Minimum 70 (seventy) percent of the realized profit of the Fund will be distributed as dividend in Bangladeshi Taka in each accounting year. |
| Dividend Distribution | The dividend warrant will be distributed within 45 (forty-five) days from the date of declaration. |
| Tax Benefit | To be decided |
| Encashment | The Unit holders can surrender and encash their Units to the Asset Manager and through the authorized selling agents appointed by the Asset Manager. The Asset Manager or selling agent shall be liable to re-purchase the units on behalf of Fund. |
| Transferability | The Units of the Fund are transferable by way of inheritance/ gift and/ or by specific operation of the law. |
| Prospectus, Reports, and Accounts | Every Unit holder is entitled to receive annual report along with the yearly and half-yearly statements of accounts as and when published on the asset management company’s website (https://www.ventura-amc.com). |
| Systematic Investment Plan (SIP) Facility | Systematic Investment Plan (SIP) allows investor to invest a certain pre-determined amount at a regular interval (monthly, quarterly, yearly etc.). A SIP is a planned approach towards investments and helps to inculcate the habit of saving and building wealth for the future. Investor can start SIP with a very small amount that is minimum BDT 1,000 or any multiple of BDT 1,000. |
| Cumulative Investment Plan (CIP) Facility | Cumulative Investment Plan or CIP allows investor to re-invest the cash dividend in the fund at the prevailing NAV with ease. Reinvestment allows investors to compound their earnings from capital gain and thus increase their wealth for the future. |
