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IDBI MF Introduces Regular Cash Flow Plan under IDBI Monthly Income Plan


IDBI Mutual Fund has introduced Regular Cash Flow Plan (RCFP) under the growth option of IDBI Monthly Income Plan with effect from December 9, 2011.

Under the RCFP, Investors (unit holders) will have the option of receiving regular income by way of either monthly/quarterly dividends on accumulated corpus or by way of Systematic Withdrawal Plan (SWP). Provided, the account value of investment is more than Rs. 5 Lakh or the duration of investment is more than 5 years.