HDFC Mutual Fund Changes the provisions of SIP and SWAP Facilities
Apr 13 2017
News Category: AMC Specific Updates
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HDFC Mutual Fund has announced change in the provisions of Systematic Investment Plan (SIP) facility and Systematic Withdrawal Advantage Plan (SWAP) in its schemes. Presently, investors can enroll for SIP and SWAP facility with frequency, only by choosing specified date/s i.e., 1st, 5th, 10th, 15th, 20th, 25th or all 6 dates as SIP debit date and SWAP withdrawal date. However, investors can now choose any date, as applicable, of his / her preference as SIP debit date and SWAP withdrawal date. The changes are effective from Apr 21, 2017.

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