Nippon India Mutual Fund Announces change in Minimum Application Amount & Minimum Additional Investment under two schemes

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

Powered by Capital Market – Live News