10. What are investment options available?

Dividend Option
Dividend option will suits the needs of those investors who are desirous of receiving regular income by way of dividends, which are exempte from tax along with income from specified securities/deposits subject to specified limits under section 80L(1) of the Income-tax Act, 1961. Under the Dividend Option, dividend shall be declared at annual rests, as may be after the close of relevant period.

Growth Option
Growth Option will suit those investors who do not require regular income, by way of dividends but are desirous of enjoying capital appreciation. They will enjoy the twin tax benefits of indexation and lower tax rate on long term capital gains under section 48 and 112 of the Act. No dividend will be declared under the Growth option.