What happens if none of the triggers or some of the triggers are met at the end of the registration period?
On completion of 1 year from the date of registration, in case Nil Triggers or few triggers are activated, then the balance of the amount registered under the Plan will be automatically transferred into the Target Scheme in 6 equal monthly installments on 1st of every month (or immediately following business day, if that is not a business day) provided the balance amount is not less than the minimum amount of transfer per installment under Systematic Transfer Plan (STP) of the respective schemes. Load structure as prevailing under STP will be applicable and transfers will be subject to STP terms and conditions. • Can I apply for HDFC Flexindex Plan only and not the subsequent 6-month STP, in case of non-occurrence of trigger events? 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
On completion of 1 year from the date of registration, in case Nil Triggers or few triggers are activated, then the balance of the amount registered under the Plan will be automatically transferred into the Target Scheme in 6 equal monthly installments on 1st of every month (or immediately following business day, if that is not a business day) provided the balance amount is not less than the minimum amount of transfer per installment under Systematic Transfer Plan (STP) of the respective schemes. Load structure as prevailing under STP will be applicable and transfers will be subject to STP terms and conditions.
