Apr 02, 2012, 03.28 PM IST

Introduction of SIP under AIG's Treasury & Short term plans

AIG Global Investment Group MF have approved introduction of SIP facility in AIG India Treasury Fund and AIG Short Term Fund effective April 2, 2012.

Source: Moneycontrol.com
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AIG Global Investment Group MF have approved introduction of SIP facility in AIG India Treasury Fund and AIG Short Term Fund with effect from April 2, 2012.


Salient features of SIP for the said schemes are:


Minimum SIP Installment amount: Rs 5000/- (i.e. Rs 5000/- per installment)


Minimum SIP installments: The SIP request should be for a minimum of 6 months / quarters


Entry Load: Not Applicable


Exit Load: As per the applicable exit loads in the said schemes


The proposed SIP facility shall be applicable in the Retail Plan but will not be available under the daily and weekly dividend options of the said schemes.


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