HDFC AMC announces change in minimum redemption amount under SWAP
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HDFC Asset Management (AMC) has addendum to the Scheme Information Document (SID) / Key Information Memorandum (KIM) of Schemes of HDFC Mutual Fund (MF).
HDFC MF has informed that the minimum amount for withdrawal under Fixed Plan of the SWAP facility for new enrollments shall stand revised from May 2, 2023 (‘Effective Date’): For all schemes except HDFC TaxSaver, HDFC Liquid Fund and HDFC Overnight Fund the Minimum amount for withdrawal under Fixed Plan of the SWAP facility is Rs 100 and in multiples of Re.1 thereafter and no change (Rs 500 and in multiples of Rs 100 thereafter) for HDFC TaxSaver, HDFC Liquid Fund and HDFC Overnight Fund. There are no changes in the terms of Variable Plan under SWAP facility.
All other terms and conditions of the SWAP facility as mentioned in the Scheme Information Document (SID) / Key Information Memorandum (KIM) of the above-mentioned Scheme(s) will remain unchanged. This addendum shall form an integral part of the Scheme Information Document / Key Information Memorandum of the above-mentioned Scheme(s) as amended from time to time.
