ICICI Mutual fund has introduced Quarterly Systematic Investment Plan (SIP) facility in additions to Monthly SIP facility. The new facility will be applicable from 1 January 2009.
Quarterly SIP will be having Rs 5000 as minimum amount of installments. There will be minimum 4 quarterly installments.
All the terms and conditions (including load structure) of Monthly SIP will be applicable to the Quartely SIP.