GD Planner: Discretionary Portfolio Management Scheme
GD Planner is a discretionary portfolio management product designed for small investor. GD Planner contains deposit of small amount deposited in a regular interval & let your savings grow with GDCL (Green Delta Capital Limited). As fund manager, GDCL will follow a disciplined and structured investment process, and reduce the risk of market volatility. GD Planner is especially designed for the individual retail investors, who are scared of equity market volatility, have lesser understanding of the capital market, yet not satisfied with returns from bank fixed deposits, and want to get higher return without risk or with low risk. Alongside, GD Planner offers an insurance coverage (accidental death and disability insurance coverage up to BDT 1 lac per year) from GDCL’s parent company Green Delta Insurance Company Limited, which doubles the benefits for the investors as they become entitled to avail two different services in one package.
Why GD Planner?
- Higher than the existing bank deposit rate. (Indicative)
- Decreasing cost for the investors, averaging over a long time horizon
- Investment opportunity with a minimal amount
- Facility of Electronic Fund Transfer (EFT) to minimize physical presence.
- A better hedging option against inflation
- Due to GD Planners focus on Blue Chip stocks, investors get greater liquidity.
- Flexible investment facilities aligned with income.
- Tax rebate on total investment and tax exemption for capital gain
- Portfolio and transaction report on a quarterly basis.
- Opportunity of charge-free extension of scheme tenure and conversion of funds into any other product of GDCL after maturity.
- Accidental death and disability insurance coverage up to BDT 1 lac per year (optional)
- Experienced and professional Portfolio Managers and a dedicated Research Team.
Why GD Planner?
Higher rate of return than the existing bank deposit rate
A better hedge against inflation
Facility of flexible investment
Long Run average cost
Physical presence is not required due to Electronic Fund Transfer
Greater liquidity gained though Blue chip stocks
Tax rebate on total investment
Tax exemption for capital gain
Features
- Minimum deposit of A. BDT 3,000 B. BDT 5,000 C. BDT 10,000
- Deposited amount will be invested in blue chip shares/mutual funds/fixed income/bond/commercial paper
- Investment offered in tenures of 3, 5 and 10 years
- Investment recommendation backed by fundamental and technical analysis
- Anyone can deposit multiple time within a month but at least one time within 15th of a month to continue savings scheme
- Deposit may be paid by deposit slip or through BEFTN
Fees and charges
| Standards | Details |
|---|---|
| Target Group | All level of Investors who have a vision of long term investment. |
| Years of Holding | Minimum 3 years |
| Investment Amount | Any amount starting from BDT 3000 |
| Account Opening Fee | BDT 500 |
| Management fee | 1.5 % yearly on Asset Under Management (AUM) |
| Transactional Fee/ Broker fee | 0.40% |
| Documentation charge | No Fees |
| CDBL Fees | No Fees |
| Payment Due Date | 7th of the month |
| Yearly Account renewal Fees | BDT 50 |
| Insurance Premium and Coverage | Free for First year (next year BDT 74 for each account) |
Termination/Withdrawal before maturity (For the early settlement investment money will be back at the market value of the investment, where there could be loss or profit) | |
| Below 1 year termination/withdrawal fee | 5% on total withdrawal amount |
| After 1 year termination/withdrawal fee | 1% on total withdrawal amount |
Required Documents
- 2 Passport Size Photograph of Applicant (Applicant’s signature and name in block letter)
- 1 Passport Size Photograph of Nominee (Attested by the Applicant)
- Photocopy of National ID (Applicant and Nominee). In case the nominee is minor, a document of guardian must be provided by the applicant
- If National ID is not available, Photocopy of Passport/Driving License/Nationality Certificate with attested photo and Bank Certificate needs to be provided
- Bank Statement/Bank Certificate
- Photocopy of Employee ID Card/Letter of Introduction from Employer/Visiting Card/Approval of Operational Head (if Applicant is a service holder)
- Trade License (if Applicant is a business person)
- 12 Digit Tin Certificate (Optional)
- If Applicant is Housewife and does not have own income source, then the following documents are required to verify the source of fund: National ID of Husband
- Photocopy of Employee ID Card/Letter of Introduction from Employer/Visiting Card/Approval of Operational Head (if Husband is a service holder)
- Trade License (if Husband is a business person)
- If the applicant is Retired Person, then the following document is required to verify the source of fund: Release Letter/Employee ID Card/Visiting Card from the last employer
We'd Like to Meet You
To arrange a meeting or find out more, please call us on 01954500600
Alternatively, use our contact form and we'll contact you.
Awards
‘GD Planner’
