Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can I apply for HDFC Flexindex Plan only and not the subsequent 6-month STP, in case of non-occurrence of trigger events?

Case flexindex hdfc Plan STP Trigger
0
Posted

Can I apply for HDFC Flexindex Plan only and not the subsequent 6-month STP, in case of non-occurrence of trigger events?

0

No. The STP one year from the date of registration is automatic. In case the unit holder does not want the STP he can give a cancellation request before the STP is activated. • What happens if the balance amount under the HDFC Flexindex Plan falls below the minimum amount of transfer per installment under STP as indicated under point no 20 above? The amount shall continue in the source scheme. • Can I register multiple options in the source scheme under the HDFC Flexindex Plan? What would be the minimum amount for such registration? Yes. The minimum amount in the source scheme for each HDFC Flexindex Plan enrolment should be met. For e.g. if a person has registered for HDFC Flexindex Plan in HDFC Top 200 and HDFC Equity Fund. The minimum amount in the source scheme (s) must be Rs 40,000/-. i.e. Rs 20,000 for each of the two schemes. • In case two levels are breached on a particular date will the switch be processed only for one level or will it be processed for both? 1. If on a particu

0

No. The STP one year from the date of registration is automatic. In case the unit holder does not want the STP he can give a cancellation request before the STP is activated.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123