Widely read:
SBI Mutual Fund has decided to change the minimum investment amount for weekly & monthly SIP in Growth option of SBI Liquid with effect from March 03, 2021.
| Particular | Existing Provision | Revised Provision |
| Minimum amount for purchase | 5000/- & in mutiples of 1 | 500/- & in mutiples of 1 thereafter |
| Minimum amount for additional purchase | 5000/- & in mutiples of 1 | 500/- & in mutiples of 1 thereafter |
| Minimum amount for redemption / switches | 5000/- or 1 unit of account balance whichever is lower | 500/- or 1 unit of account balance whichever is lower |
| Minimum redemption amount 'instant redemption facility' | investor can sumbit instant redemption request only in terms of amount minimum redemption shall be 1000/- & in multiples of 1/- thereafter | investor can sumbit instant redemption request only in terms of amount minimum redemption shall be 500/- & in multiples of 1/- thereafter |
| Minimum amount and number of instalments for weekly, monthly frequencies under systematic plan | 2000 & 6 instalment | 500 and in multiples of 1 for minimum 12 instalments or 1000 and in multiples of 1 for minimum 6 instalments |
New episodes every Friday
