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Change in application amount of Indiabulls Liquid Fund and Indiabulls Ultra Short Term Fund


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Indiabulls Mutual Fund has changed the application amount under growth and dividend option of Indiabulls Liquid Fund and Indiabulls Ultra Short Term Fund. Now, the minimum and additional application amount will be R500 and in multiples of R1 thereafter.

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The fund house has also introduced the daily STP facility to transfer/ switch out from Indiabulls Liquid Fund and Indiabulls Ultra Short Term Fund to transfer / switch in to Indiabulls Blue Chip Fund, Indiabulls Income Fund, Indiabulls Short Term Fund and Indiabulls Gilt Fund. The minimum daily STP amount is R50 per installment and in multiple of R1 thereafter for a period of 6 months.

The effective date for above changes is November 11,2014.



 
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