Solution Oriented Schemes

Sr. No. Category of Schemes Scheme Characteristics Type of Scheme (Uniform description of scheme)
1. Retirement Fund Scheme having a lock-in for at least 5 years or till retirement age whichever is earlier An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)
2. Children’s Fund Scheme having a lock-in for at least 5 years or till the child attains age of majority whichever is earlier An open ended fund for investment for children having a lock-in for at least 5 years or till the child attains age of majority (whichever is earlier)

@ Mutual Funds will be permitted to offer either an Aggressive Hybrid fund or Balanced
fund
## Foreign securities will not be treated as a separate asset class

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