Examples of Unitholder in a sentence
Failure to inform within 72 hours after receiving the email would serve as an affirmation regarding the acceptance by the Unitholder of the Abridged Annual Report.
The minimum amount which the Unitholder can withdraw is Rs. 1,000/- (RupeesOne Thousand Only) and in multiples of Re. 1 (Rupee One Only) thereafter.The Capital Appreciation Option allows the automatic redemption of the incremental amount i.e. appreciation on the original investment.
In the event that the folio has more than one registered Unitholder, the first named holder will receive the CAS.
Under this option, the Unitholder transfers only proportionate amount equal to the appreciation in the investment over the last month.
The Unitholder may avail of this Plan by sending a written request to the Registrar.The amount thus withdrawn by redemption will be converted into Units at the Applicable NAV based prices and the number of Units so arrived at will be subtracted from the Unit balance to the credit of that Unitholder.