With reference to our Notice No. 20191101-15, regarding Reopen for Subscription in certain schemes of IDBI Mutual Fund on BSE StAR MF Platform.
MFIs/MFDs/RIAs are hereby informed that we have received communication from IDBI Mutual Fund regarding withdrawal of cap imposed on maximum investment (Fresh/Additional Purchase, SIP & Switch-In) per PAN per year in the below mentioned schemes except for IDBI Credit Risk Fund i.e. 10% of the previous day’s AUM of respective scheme(s) with immediate effect on BSE StAR MF Platform.
· IDBI ULTRA SHORT-TERM FUND
· IDBI SHORT TERM BOND FUND
· IDBI DYNAMIC BOND FUND
The notice cum addendum issued by IDBI AMC is attached.
Ketan Jantre Zeeta Eustace
Sr. General Manager – Mutual Funds Asst. General Manager – Mutual Funds