Arif Habib Investments: Investment Plan

Monthly Saving Plans

Profile

Arif Habib Monthly Savings Plan are investment plans that allow the investors to invest small amounts in a portfolio of return generating investments to meet individual needs and life styles at a later stage in life.

Objective

The objective of this scheme is to facilitate an investor to accumulate a lump sum for a final objective (like buying a house, paying for children’s education and their marriages etc.) through regular monthly contributions.

How it works

Investors can choose between a PSM - Saving Plan, PIF – Saving Plan and Balanced Saving Plan. As the names suggest, the PSM and PIF plan invests in PSM and PIF respectively while the Balanced Savings Plan starts off with an allocation of 60% in PSM and 40% in PIF. This allocation will be periodically reversed by the time the plan matures. The investor can choose a 10 or 15 year plan.

Insurance option

The Monthly Saving Plans offer a specially designed insurance cover (optional) to insure the monthly investment in the plan at a minimal cost. The minimum investment amount to start with is Rs. 1,000. In case, the investor does not deposit monthly investment, the account still remains active and he/she can add to his/her investments as and when possible.

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