Financial Daily
from THE HINDU group of publications
Sunday, September 02, 2001
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Financial Daily from THE HINDU group of publications Sunday, September 02, 2001 |
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• AGRI-BUSINESS • CORPORATE • NEWS • INFO-TECH • CATALYST • INVESTMENT WORLD • MONEY & BANKING • LOGISTICS |
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IDBI-Principal extends SIP
MUMBAI: IDBI-PRINCIPAL Asset Management Company Ltd has announced changes in the investment amounts under the Systematic Investment Plan (SIP) in various funds.
A new investor can now use the SIP facility after opening an account with the initial minimum amount of Rs 1,000 instead of the normal Rs 5,000. This is applicable for all the funds except the cash management fund.
Earlier, the SIP facility was available after opening a new account with the initial minimum investment of Rs 5,000 in respective schemes.-- Our Bureau
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