What will happen if the balance in the switch-out scheme is less than the trigger amount on a particular trigger date? What will happen if the balance in the source scheme is NIL?
The switch will not be processed in case of insufficient or nil balance then the switch will not be processed for the trigger. However within the plan period if balance is available in the source scheme and the trigger level is met then the switch transaction will go through to the target scheme. • How can I discontinue this facility? Unit holders will have the right to discontinue the HDFC Flexindex Plan facility at any time by sending a written signed request to the ISC. Notice of such discontinuance duly signed by the unit holder(s) should be received at least 7 calendar days prior to the next trigger date .In case of joint holding all the unit holders must sign. On receipt of such request, the said facility will be terminated and notified to the unit holder. In case a trigger is activated in the interim period before ceasing the request the switch transaction will be processed. • What happens if none of the triggers or some of the triggers are met at the end of the registration per
The switch will not be processed in case of insufficient or nil balance then the switch will not be processed for the trigger. However within the plan period if balance is available in the source scheme and the trigger level is met then the switch transaction will go through to the target scheme. • How can I discontinue this facility? Unit holders will have the right to discontinue the HDFC Flexindex Plan facility at any time by sending a written signed request to the ISC. Notice of such discontinuance duly signed by the unit holder(s) should be received at least 7 calendar days prior to the next trigger date .In case of joint holding all the unit holders must sign. On receipt of such request, the said facility will be terminated and notified to the unit holder. In case a trigger is activated in the interim period before ceasing the request the switch transaction will be processed. • What happens if none of the triggers or some of the triggers are met at the end of the registration per
Related Questions
- What will happen if the balance in the switch-out scheme is less than the trigger amount on a particular trigger date? What will happen if the balance in the source scheme is NIL?
- Can I use more than one Style within a document - I want citations of one particular source to appear in the way that is the standard for that source?
- Whether Companies having some current assets or bank balance apply under Easy Exit Scheme?