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Change in Minimum Investment Amount for SIP in Growth option of SBI Liquid Fund


SBI Mutual Fund has decided to change the minimum investment amount for weekly & monthly SIP in Growth option of SBI Liquid with effect from March 03, 2021.

Particular Existing Provision Revised Provision
Minimum amount for purchase 5000/- & in mutiples of 1 500/- & in mutiples of 1 thereafter
Minimum amount for additional purchase 5000/- & in mutiples of 1 500/- & in mutiples of 1 thereafter
Minimum amount for redemption / switches 5000/- or 1 unit of account balance whichever is lower 500/- or 1 unit of account balance whichever is lower
Minimum redemption amount 'instant redemption facility' investor can sumbit instant redemption request only in terms of amount minimum redemption shall be 1000/- & in multiples of 1/- thereafter investor can sumbit instant redemption request only in terms of amount minimum redemption shall be 500/- & in multiples of 1/- thereafter
Minimum amount and number of instalments for weekly, monthly frequencies under systematic plan 2000 & 6 instalment 500 and in multiples of 1 for minimum 12 instalments or 1000 and in multiples of 1 for minimum 6 instalments