
L&T Mutual Fund announced the introduction of Top-Up facility under Systematic Investment Plan. The investor can increase the amount of SIP installment on half-yearly or annual basis.
The facility will be available under all schemes which offers SIP and is valid only for new registration under SIP or renewal of SIP. The amount of Top-Up shall be in multiples of Rs 500. The facility is available only for investments through auto-debit.
The change will be effective from March 03, 2014.