HDFC Mutual Fund has announced that the existing frequencies available under Systematic Investment Plan (SIP), weekly frequency will be available with effect from 18 July 2019. Minimum number of installments under weekly SIP will be 6.
The minimum installment amount shall be Rs 1,000 and in multiples of Rs 1 thereafter (for all schemes expect Equity Linked Savings Schemes where it will be Rs 500 and in multiples of Rs 500/- thereafter).