Samco Mutual Fund Announces change in Minimum Installment Amount for STP
Published on Oct 18, 2022 10:53
Samco Mutual Fund has announced the following change in the minimum installment amount for Systematic Transfer Plan (STP) under the schemes of Samco Mutual Fund, with effect from 14 October 2022.
Name of the Scheme | Frequency under STP facility | Existing Minimum Installments | Revised Minimum Installments | Effect date |
---|---|---|---|---|
Samco Flexi Cap Fund | Daily | 6 installments of `1000/- and in multiples of `1/- | 12 installments of `500/- and in multiples of `1/-
or 6 installments of `1000/- and in multiples of `1/- thereafter |
07 October 2022 |
Samco Overnight Fund | Daily | 12 installments of `500/- and in multiples of `1/- | 12 installments of `500/- and in multiples of `1/-
or 6 installments of `1000/- and in multiples of `1/- thereafter |
14 October 2022 |
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