Systematic Investment Plan - Available Online & Offline for Direct & Regular investors to iron out intermittent market volatility and enable long term savings.
Systematic Transfer Plan (STP) allows investors to save in both asset classes by transfering a fixed amount from one scheme and invest in another scheme.
Systematic Withdarwal Plan allows investors to withdraw a fixed amount of money from their mutual fund to build sustainable income streams while saving on Tax also
"Smart Withdrawal Facility offers fixed payment option & variable payment option to allow investor to receive income @@8% p.a. at fixed intervals or equivalent to dividend payment in the fund respectively. This helps in building regular cash flows, Tax efficiency, No TDS, No exit load impact. Available in BAF, Bal '95, BDYP, MIP 25, MTP, CBF, DBF, STOP"
Capital Appreciation Transfer Plan (CATP) allows investors to preserve their capital and transfer only capital appreciation to another asset class / scheme at regular intervals
Smart Premium Payment Facility (SPPF) allows common customers of ABSLI and ABSLAMC to provide long term savings (comparable to FD rates) while allowing their insurance premium in BSLI to be paid directly out of this corpus without any associated cost. The eligible scheme for availing this facility is ABSL Low Duration Fund
It is important to identify your goals before investing for them. Once you have your goals, determine the kind of investor you are. If you are easily unnerved by stock market ups and downs, it won't do any good to take on a large equity exposure. But if you can stomach risks, an equity fund can help you reach your financial goal faster.
Choosing the right type of fund is the next step in achieving your financial goals. The choice should be defined by the tenure of the investment, your willingness to take risks, and the liquidity offered by the option. A debt fund, for instance, won't be a good way to save for retirement when you are in your 30s. An equity fund, on the other hand, won't help if you want to save to buy a car next year.