Description
Unifi Mutual Fund reduces minimum STP instalments from 12 to 6 for their Liquid Fund on BSE StAR MF Platform.
Summary
Unifi Mutual Fund has revised the minimum number of instalments for Systematic Transfer Plan (STP) under Direct/Regular Plan of Growth Option of Unifi Liquid Fund from 12 instalments to 6 instalments, effective from a date to be announced in 2025.
Key Points
- Minimum STP instalments reduced from 12 to 6 for Unifi Liquid Fund
- Change applies to both Direct and Regular Plans under Growth Option
- Monthly frequency with minimum amount of Rs. 1000 and multiples of Re. 1/-
- STP instalments can be scheduled on any day except 29th, 30th and 31st
- Application forms will be modified accordingly
Regulatory Changes
Addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of Unifi Liquid Fund to reflect the revised STP parameters.
Compliance Requirements
- Unifi Asset Management Private Limited to update all relevant scheme documents
- Application forms to be modified to reflect new minimum instalment requirements
- All other terms and conditions of SID/KIM remain unchanged
Important Dates
- Effective Date: To be announced in 2025
- Document Date: August 21, 2025
Impact Assessment
Low impact change that makes STP facility more accessible by reducing minimum commitment from 12 to 6 instalments. This administrative modification affects only Unifi Mutual Fund investors and does not impact broader market operations or other mutual fund schemes.
Impact Justification
Administrative change affecting only one mutual fund's STP facility parameters