IL & FS Liquid Account

Objective of the fund: To generate reasonable returns commensurate with low risk and high degree of liquidity.

• IL&FS Liquid Account (ILA) is an open-ended Scheme of IL&FS Mutual Fund (IMF) and seeks to generate returns by investing primarily in Money Markets and other short term debt securities.
  
• The scheme offers three options : Growth Option, Dividend Reinvestment Option and Short Term Maturity Plans (STMPs).
  
• Load structure of the Fund is given below :

Particulars	% of NAV
Sales or Entry Load imposed on purchases / Sales Load, if any, on issue of units in lieu of dividends	Nil
Redemption / Repurchase Load or Exit Load for Dividend Reinvestment Plan and Growth plan	Nil
Redemption / Exit Load for STMPs Before 90 days from the designated maturity date Before 60 days from the designated maturity date Before 30 days from the designated maturity date	0.25 0.15 0.05
Transfer within scheme	Nil
Switch over / Exchange Fee	Entry / Exit Load applicable to respective schemes

• Minimum Amount per Plan
  
  

  Plans	Minimum Application	Additional amount in multiples of	Minimum A/c Balance	Minimum Redemption
  Dividend Reinvestment	Rs 100,000	Rs 1000	Rs 50,000	Rs 5000 or 500 units
  Growth	Rs 10,000	Rs 1000	Rs 5,000
  Short Term Maturity	Rs 100,000	Rs 1000	Rs 50,000