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Introduction of Various Operational Facilities under IDFC Cash Fund


IDFC Mutual Fund has introduced the following facilities under IDFC Cash Fund:
1. Systematic Transfer Plan (STP) 2. Systematic Withdrawal Plan (SWP) 3. Systematic Investment Plan (SIP)

Systematic Investment Plan (SIP) is offered through Autosave and debit mandate. The other SIP facilities are Perpetual SIP and Differential SIP. Under Perpetual SIP facility, the investor need not mention the maximum installment. In case there is no mention of the number of installments, the SIP shall be registered under this facility. Under Differential SIP facility, the investor has a choice of registering the SIP in such a manner that the 1st SIP installment will be lower/higher than the subsequent installments.