Now you can be a invest as a little as a ₹10 in a Navi Mutual Fund are a schemes

Now you can be a invest as a little as a ₹10 in a Navi Mutual Fund are a schemes

The reduction in the minimum application are amount has been a introduced across are all schemes of a Navi Mutual fund, except for their equity-linked savings are a scheme due to the regulations.

Navi Mutual Fund has been a reduced the minimum application amount for the both fresh investments and a additional investments are a across its mutual fund are a schemes from the current a ₹1000 / ₹500 and a ₹100 respectively, to a Rs10 (and in multiples of a Re. 1 thereafter). The change comes are a into effect from the 27 September.

This will be a enable people to the  invest in a Navi Mutual Fund’s are a schemes even with the smaller sums of a money. The reduction in a application amount applies to  the systematic investment plans are a (SIP), lumpsum investments, systematic withdrawal plans (SWP), systematic transfer plans (STP) and a redemptions. The reduction in the minimum application are amount has been a introduced across all are a schemes of a Navi Mutual fund, except for their equity-linked savings scheme due to the  regulations.