IDFC Mutual Fund has modified Auto Trigger Facility (ATF). The following terms and conditions have been added to the ATF.
1. ATF can be availed only through fresh purchase.
2. If investor wishes to opt for ATF, no switch in shall be allowed from any other scheme to IDFC Money Manager Fund-Treasury Plan-Plan D.
3. No additional purchase in existing ATF Folio shall be allowed both under IDFC Money Manager Fund-Treasury Plan-Plan D and all equity schemes wherein the fund are switched in from IDFC Money Manager Fund-Treasury Plan-Plan D on activation of entry trigger (for this new Folio will be created).
4. Investors can opt for STP/SWP/ Redemption / SO/PEP facilities under existing ATF Folio. However, on activation of the said facilities the trigger shall cease to exist.
5. Investors can not submit request for consolidation of ATF Folio.
6. In case investors request for Lien, then the lien shall be marked and triggers shall cease to exist for respective schemes.
7. For every ATF transaction a new Folio will be created. The money switched out to equity schemes on activation of entry Trigger shall be transferred to a new folio created for equity fund.
8. In case of transmission, Trigger will cease to exist and transmit the units. Claimants will have to redeem the units and make fresh purchase if wish to opt for ATF.
1. ATF can be availed only through fresh purchase.
2. If investor wishes to opt for ATF, no switch in shall be allowed from any other scheme to IDFC Money Manager Fund-Treasury Plan-Plan D.
3. No additional purchase in existing ATF Folio shall be allowed both under IDFC Money Manager Fund-Treasury Plan-Plan D and all equity schemes wherein the fund are switched in from IDFC Money Manager Fund-Treasury Plan-Plan D on activation of entry trigger (for this new Folio will be created).
4. Investors can opt for STP/SWP/ Redemption / SO/PEP facilities under existing ATF Folio. However, on activation of the said facilities the trigger shall cease to exist.
5. Investors can not submit request for consolidation of ATF Folio.
6. In case investors request for Lien, then the lien shall be marked and triggers shall cease to exist for respective schemes.
7. For every ATF transaction a new Folio will be created. The money switched out to equity schemes on activation of entry Trigger shall be transferred to a new folio created for equity fund.
8. In case of transmission, Trigger will cease to exist and transmit the units. Claimants will have to redeem the units and make fresh purchase if wish to opt for ATF.
No comments:
Post a Comment