MFIs/MFDs/RIAs are hereby informed that we have received communication from IDBI Mutual Fund regarding Temporary Suspension for Subscription through (Fresh/Additional Purchase & SIP & Switch-In) in following schemes on BSE StAR MF Platform from June 07, 2019.
· IDBI ULTRA SHORT-TERM FUND
· IDBI SHORT TERM BOND FUND
· IDBI DYNAMIC BOND FUND
· IDBI CREDIT RISK FUND
Further, as intimated by IDBI AMC, fresh Subscriptions, Switch-in, SIP, STP applications received post cut-off timing of June 06, 2019 shall not be accepted.
As confirm by IDBI AMC, the existing SIPs/XSIPs registered on BSE StAR MF Platform shall continue under respective schemes.
The notice cum addendum issued by IDBI AMC is attached.
Ketan Jantre Zeeta Eustace
Sr. General Manager – Mutual Funds Assistant General Manager – Mutual Funds