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Change in Minimum Amount of SIP for Baroda Pioneer MF Schemes


Baroda Pioneer Mutual Fund has approved the reduction in the minimum amount for monthly Systematic Investment Plan (SIP) for all the open-ended schemes from ₹1000/- to ₹.500/- and in multiples of ₹1/- thereafter, with effect from August 22, 2016.

Further, the minimum number of months for which the investment will have to be made (SIP Period) shall change from 6 months to 12 months.