Edelweiss AMC announces change in minimum amount for initiating STP transactions
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Edelweiss Asset Management Company (AMC) has announced notice cum addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of schemes of Edelweiss Mutual Fund.
Edelweiss Mutual Fund has informed that the Minimum Investment Amount/required balance for initiating Systematic Transfer Plan (STP) / Systematic Withdrawal Plan (SWP) transactions under the source scheme (Minimum Investment Amount required under the source scheme for initiating STP/SWP transactions) has been modified from existing ‘minimum of Rs. 25,000 ‘ to the revised ‘Minimum of Rs. 5,000’ for Edelweiss Mutual Fund schemes (the Schemes) excluding Exchange Traded Funds, with effect from December 14, 2023.
This notice-cum-addendum forms an integral part of the SID, KIM and SAI of the designated Scheme of the Fund as amended from time to time. All other features and terms & conditions shall remain unchanged.
