What if a trigger level is attained in the time period between submission of he application and actual registration?
The application for enrollment for HDFC Flexindex Plan should be submitted at least 7 calendar days before the first event trigger date. In the intervening period between the date of submission of the enrolment form and the registration of the HDFC Flexindex Plan, if the any index level or NAV as defined in the form is reached, the same will not be considered. • What will happen if any of the trigger levels is attained more than once? Once the trigger has been activated for a particular index and the switch transaction is processed, the switch will not be done if the earlier level is already reached. The trigger once activated at a certain level will only be a one-time trigger. For e.g. if the trigger is activated at Sensex level of 8500 on a particular day and the percentage switch indicated at this level is processed, it will not be activated again if the Sensex touches 8500 at a subsequent date within the validity period of 1 year. • What will happen if the balance in the switch-out
The application for enrollment for HDFC Flexindex Plan should be submitted at least 7 calendar days before the first event trigger date. In the intervening period between the date of submission of the enrolment form and the registration of the HDFC Flexindex Plan, if the any index level or NAV as defined in the form is reached, the same will not be considered.
Related Questions
- Does the submission need to be made at the time of registration? Is it possible to get information on the uploading method of submission material before the actual submission?
- What if a trigger level is attained in the time period between submission of he application and actual registration?
- Does registration expire after a period of time?
