Effective April 26, 2010, the minimum application amounts under Institutional and Super Institutional plans of Peerless Liquid Fund and Peerless Ultra Short Term Fund. The revision is as follows.
Institutional Plan
Minimum Application Amount: Rs 50,000/- (earlier Rs 1 crore)
Minimum Additional Investment: Rs 10,000/- (earlier Rs 1 lakh)
Super Institutional Plan
Minimum Application Amount: Rs 1 lakh (earlier Rs 5 crore)
Minimum Additional Investment: Rs 50,000/- (earlier Rs 1 lakh)