Saturday, January 30, 2010

IDFC MF introduces Daily SIP

With effect from 1 February 2010 

IDFC Mutual Fund has decided to introduce Daily Systematic Investment Plan (SIP) for all the schemes in which SIP facility is available with effect from 1 February 2010.

Daily SIP transaction will be processed only on business day.

The minimum number of installments shall be six.

All the other features i.e minimum SIP amount, load structure, applicable NAV, etc. shall remain the same.