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What is the minimum allowed in fund investments?

Updated: 8/19/2019
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13y ago

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It depends on the type of mutual fund you want to invest and also the fund house in which you want to invest your money. In majority of the cases the minimum amounts are as follows:

a. One time Investment - Open ended Mutual Fund - Rs. 1000/- and multiples of Rs. 500/- thereafter

b. Systematic Investment - Open ended Mutual Fund - Rs. 500/- and multiples of Rs. 250/- thereafter

c. One time investment - Close ended Mutual Fund - Rs. 5000/- and multiples of Rs. 1000/- thereafter

These numbers are approximate and may vary from fund house to fund house.

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