Fund News

Union KBC Mutual Fund: Introduction of Additional Switch facility

Last updated: 08-Jul-2024•News Desk

Union KBC Mutual Fund has announced to introduce Advance Switch of Redemption Proceeds on Maturity.

Union KBC Mutual Fund has announced to introduce Advance Switch of Redemption Proceeds on Maturity. In this, the investors will have an option to submit switch out requests 10 calendar days in advance, prior to maturity date of the scheme. The change mentioned will be applicable in Union KBC Trigger Fund- Series 1, Union KBC FMP- Series 7, Union KBC FMP- Series 8, Union KBC FMP- Series 10 and all Close Ended Capital Protection Oriented Schemes.

The change will be effective from May 13, 2014.

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