Saturday, June 6, 2009

IDFC MF Introduces Weekly And Fortnightly SIP And STP - June 06, 2009

IDFC Mutual Fund has introduces weekly and fortnightly Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP) facilities for all the schemes in which SIP/STP facility is available, with effect from 8 June 2009.

Features: Weekly frequency: SIP/STP date 7th, 14th, 21st and 28th of the month, Fortnightly frequency: 1st & 16th of the month, The minimum number of installments shall be six.

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

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