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Last Updated : Aug 29, 2018 09:48 AM IST | Source: Moneycontrol.com

Mahindra MF modifies criteria under minimum redemption amount for debt scheme

Earlier, the minimum redemption amount was Rs 1,000 or 1 unit or account balance, whichever was lower

Mahindra Mutual Fund has revised the minimum amount for redemption or switch-out criteria in the Mahindra Credit Risk Yojana with immediate effect, the fund house said in an addendum.

Subsequently, the minimum redemption or switch-out amount will be Rs 1,000 or 100 units or account balance, whichever is lower.

Earlier, the minimum redemption amount was Rs 1,000 or 1 unit or account balance, whichever was lower.

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All other features of the scheme remain unchanged.
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First Published on Aug 29, 2018 09:48 am
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