The Fund House also introduced systematic investment plan (SIP), systematic withdrawal plan (SWP) and systematic transfer plan (STP).
The minimum installment amount under weekly/fortnightly/monthly Frequency will be ₹1000 and under quarterly frequency, it will be ₹2000.
Minimum number of installments under weekly/fortnightly/monthly will be 6 and 3 installments under quarterly frequency.
Dates available will be 1st, 7th, 14th, 21st or 28th of every month/quarter.
Investors are provided with an option to switch an amount equal to the periodic appreciation on the investment on weekly, fortnightly and monthly frequencies. This facility is available under growth option only.
The above mentioned changes will be effective from May 05, 2014.