Tata Mutual Fund has reduced the minimum application amount for SIP across its schemes to Rs 100 and in multiples thereof.
The changes will be effective from December 18. The fund house informed the change to its investors through an addendum.
Rs 100 SIP in Tata MF schemes
This addendum sets out changes to be made in the scheme information document (SID) & key information memorandum (KIM) of the above specified schemes of the fund house.
The fund house also stated that the above revision will be implemented prospectively and shall remain in force till further notice.
All other terms and conditions along with risk o meter of schemes, PRC Matrix of the SID & KIM cum application form & SAI read with other addendums if any remain unchanged.
