NDFA releases fifth issue of fixed income plan

The annual and monthly income levels are fixed and are paid irrespective of the index performance. Capital repayment at maturity is linked to the performance of the index, so if the final index level is the same or higher than the starting index level, the plan repays the original amount invested. If the final index level is less than the starting index level, original capital is repaid unless the index falls by 50% or more from its starting level at any point during the investment term.

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