20-10-2023 02:42 PM | Source: Accord Fintech
Edelweiss AMC announces change in provisions of STP
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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 Asset Management Company informed that the Weekly, Fortnightly and Monthly Systematic Transfer Plan (STP) for all the schemes of Edelweiss Mutual Fund except Exchange Traded Funds (ETFs) and Edelweiss Long Term Equity Fund (Tax Savings) would be undergoing changes in provisions. The existing ‘minimum amount transfer Rs. 500 & in multiples of Re. 1 thereafter, Minimum number of instalments-12’ will be revised to the new ‘minimum amount of transfer -Rs 1000 & in multiples of Re. 1 thereafter, and Minimum number of instalments- 6’, with effective from October 17, 202
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.
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