Indiabulls Mutual Fund has announced that Ms. Shalini Sekhri has been ceased to be the Key Personnel of the AMC.
The fund house has announced the introduction of monthly and quarterly frequency under systematic investment plan (SIP) facility and monthly, weekly and quarterly frequency under systematic withdrawal plan (SWP) in Indiabulls Liquid Fund and Indiabulls Ultra Short Term Fund and modification in Indiabulls Gilt Fund, Indiabulls Income Fund, Indiabulls Short Term Fund and Indiabulls Bluechip Fund.
|Frequency||Monthly & Quarterly||Monthly & Quarterly|
|Minimum Amount||Monthly-Rs 500 Quarterly-Rs 1500||Monthly-Rs 500 Quarterly-Rs 1500|
|Minimum Period||Monthly-12 installments Quarterly-4 installments||Monthly-12 installments Quarterly-4 installments|
|Dates||Monthly/Quarterly-1st/5th/10th/15th/20th/25th||Monthly/Quarterly-2nd, 8th, 15th or 23rd|
The fund house has also announced the modification in systematic transfer plan (STP) in Indiabulls Liquid Fund, Indiabulls Ultra Short Term Fund, Indiabulls Gilt Fund, Indiabulls Income Fund, Indiabulls Short Term Fund and Indiabulls Bluechip Fund.
|STP Frequency||Weekly, Monthly & Quarterly|
|Minimum STP Amount||Monthly & Weekly-Rs 500Quarterly-Rs 1500|
|Minimum STP Period||Monthly & Weekly-12 installmentsQuarterly-4 installments|
|STP Dates||Weekly-On every Friday of weekMonthly/Quarterly-2nd, 8th, 15th or 23rd|