28-Mar-2014 •News Desk
BOI AXA Mutual Fund introduced monthly and quarterly frequency in addition to annual frequency under Systematic Withdrawal Plan (SWP) under BOI AXA Treasury Advantage Fund and BOI AXA Liquid Fund. Minimum SWP Value : Rs 1000 for quarterly and monthly frequency.
Minimum Additional Amount: Minimum additional amount will be in multiples of Rs 100.
Date of SWP installment will be any of the 1st or 7th or 10th or 15th or 20th or 25th of the month for monthly and quarterly frequency.
Minimum number of installments in monthly and quarterly frequency will be 6.
The change will be effective from April 01,2014.