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Increase in Maximum STP Amount of IDFC Premier Equity Fund


IDFC Mutual Fund has decided to increase the maximum Systematic Transfer Plan (STP) amount to Rs 1 crore (each transfer) in IDFC Premier Equity Fund with effect from June 24, 2011. Under the STP the minimum number of installments by an investor should be six. In case the investor does not honor the minimum six installments the AMC reserves right to take appropriate action as deemed fit from time and time