Home Investment Products Mutual Fund Mirae Asset Mutual Fund introduces new SIP modification facility – Economic Times

Mirae Asset Mutual Fund introduces new SIP modification facility – Economic Times

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Mirae Asset Mutual Fund introduces new SIP modification facility – Economic Times

Mirae Asset Mutual Fund has launched a SIP modification facility by a discover cum addendum. The brand new facility will provide buyers the choice to alter SIP instalment date, SIP finish date, frequency, quantity of SIP, and the choice with out cancelling the present registered SIP. The fund home has introduced this facility with a view to offer extra comfort and adaptability to the buyers.

This characteristic will keep away from all of the cancellations and re-registrations of SIPs concerned throughout totally different phases of the SIP modification course of. In case the investor needs to change the scheme title, then the present SIP will probably be ceased and the brand new SIP will probably be registered underneath the identical folio.

This new mechanism will probably be efficient from June 19, 2023.

Mirae Asset Mutual Fund has introduced an addendum to the scheme info paperwork (SIDs) / key info memorandums (KIMs) cum widespread utility types of all of the scheme(s) as amended every so often.

The fund home reserves the precise to alter / modify the phrases and situations of this modification facility or withdraw the power. The modification facility shall be ruled by the phrases and situations of the related scheme(s). All different phrases and situations of the scheme stay unchanged. This addendum varieties an integral a part of the scheme info paperwork/ key info memorandums of the scheme(s) of the fund as amended every so often.

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