1 Aug 2022 , 11:36 AM
Nippon India Mutual Fund has decided to revise Minimum Application Amount & Additional Purchase Amount in the schemes with effect from 01 August 2022 as details below:
Nippon India Liquid Fund:
Existing Minimum Application Amount:
Options other than Daily Income Distribution cum capital withdrawal (IDCW) Option & Weekly IDCW Option – Rs. 100 and in multiples of Re.1 thereafter.
Existing Minimum Additional Investment:
Options other than Daily Income Distribution cum capital withdrawal (IDCW) Option & Weekly IDCW Option – Rs. 100 and in multiples of Re.1 thereafter.
Revised Minimum Application Amount:
Options other than Daily Income Distribution cum capital withdrawal (IDCW) Option & Weekly IDCW Option – Rs. 1,000 and in multiples of Re.1 thereafter.
Revised Minimum Additional Investment:
Options other than Daily Income Distribution cum capital withdrawal (IDCW) Option & Weekly IDCW Option – Rs. 1,000 and in multiples of Re.1 thereafter.
Nippon India Overnight Fund:
Existing Minimum Application Amount:
Rs. 5000 & in multiples of Re. 1 thereafter
Existing Minimum Additional Investment:
Rs. 1000 & in multiples of Re. 1 thereafter
Revised Minimum Application Amount:
Rs. 100 & in multiples of Re. 1 thereafter
Revised Minimum Additional Investment:
Rs. 100 & in multiples of Re. 1 thereafter
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