
Union KBC Mutual Fund announced change in minimum application amount and installment amount under Systematic Investment Plan facility under Union KBC Equity Fund, Union KBC Dynamic Bond Fund, Union KBC Asset Allocation Fund- Moderate Plan and Union KBC Asset Allocation Fund- Conservative Plan. The revised amount is Rs 2000 per month and Rs 5000 per quarter. Presently, it is Rs 1000 per month and Rs 3000 per quarter.
The change will be effective from April 01, 2014.