Fund News

Change in minimum investment amounts of IDFC MF Schemes

IDFC Mutual Fund has revised the minimum investment amount for fresh purchase, Additional Purchase,

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 TypeRevised 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)

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