IDFC Mutual Fund has revised the minimum investment amount for fresh purchase, Additional Purchase, Switches, SIP and STP-(in) in IDFC Nifty Fund, IDFC Arbitrage Fund, IDFC Cash Fund, IDFC Ultra Short Term Fund, IDFC Money Manager Fund - Treasury Plan and IDFC Government Securities Fund - Provident Fund Plan effective September 20, 2016 as follows:
Transaction Type | Revised Amount |
Fresh Purchase | ₹100/- and any amount thereafter |
Additional Purchase | ₹100/- and any amount thereafter |
Switches | ₹100/- and any amount thereafter (being the destination scheme) |
Systematic Investment Plan (SIP) | ₹100/- and in multiples of ₹1 thereafter (Minimum 6 installments) |
Systematic Transfer Plan (STP) | ₹100/- and any amount thereafter (being the destination scheme) |