Moneycontrol Be a Pro
Get App
Last Updated : Dec 06, 2012 04:30 PM IST | Source: Moneycontrol.com

BOI AXA MF introduces BOI AXA SIP Shield facility

BOI AXA Mutual Fund introduces BOI AXA SIP Shield facility under two schemes.


BOI AXA Mutual Fund introduces a new facility called BOI AXA SIP Shield under two schemes - BOI AXA Equity Fund and BOI AXA Tax Advantage Fund. Through this facility, the AMC may provide a group insurance cover to all resident individual/NRI applicants and fund the premium towards such cover. The insurance cover will be available for individuals with a minimum age of 18 years and maximum age of 45 years as on last birthday. Non-individuals as well as US persons/persons not of Indian origin/sole proprietorship will not be covered under the insurance cover.

This will be an dd-on, optional feature with a minimum application amount or Rs 1500 and in multiples of Rs 100 thereafter.


Not sure which mutual funds to buy? Download moneycontrol transact app to get personalised investment recommendations.
First Published on Dec 6, 2012 04:27 pm
Loading...
Sections
Follow us on
Available On