01-01-1970 12:00 AM | Source: Accord Fintech
Mirae Asset AMC announces activation of SIP step-up & top-up facility on NSE NMF II platform
News By Tags | #810 #392

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Mirae Asset Investment Managers (India) has announced addendum to the Scheme Information Documents (SIDs)/ Key Information Memorandums (KIMs) cum Common Application Form of all Scheme(s) of Mirae Asset Mutual Fund as amended from time to time.

 

Mirae Asset Management Company (AMC) informed that it has been decided to allow SIP Step-up & Top-up facility available on NSE NMF II platform (https://www.nsenmf.com) to Individual Investors of Mirae Asset Mutual Fund with effect from March 20, 2023. The features of the facilities are that the SIP Step Up facility helps the investor to Step-up the amount for a particular SIP after a defined frequency or tenure of the SIP, and the SIP Top Up facility helps the investor to Top-up the amount for a particular SIP during the tenure of the existing SIP. Under both these facilities, the Investor can increase the SIP instalment at pre-defined intervals by a fixed amount. This facility is available for individual investors only. This facility is available under all schemes of Mirae Asset Mutual fund except Mirae Asset Emerging Bluechip Fund & Overseas Fund of Fund schemes. The facilities shall be subject to the terms and conditions as specified and guidelines issued by SEBI, if any, from time to time.

 

All other terms and conditions of the scheme remain unchanged. This addendum forms an integral part of the Scheme Information Documents/ Key Information Memorandums of the Scheme(s) of the Fund as amended from time to time.