Description

Unifi Mutual Fund revises minimum SIP application amount from Rs. 500 to Rs. 250 for Unifi Dynamic Asset Allocation Fund and Unifi Flexi Cap Fund, effective May 20, 2026, on NSE MF Invest platform.

Summary

Unifi Mutual Fund has revised the minimum application amount for Systematic Investment Plans (SIP) under both Direct and Regular Plan (Growth Option) for Unifi Dynamic Asset Allocation Fund and Unifi Flexi Cap Fund. The minimum SIP amount has been reduced from Rs. 500 to Rs. 250 (in multiples of Re. 1), effective May 20, 2026, on the NSE MF Invest platform.

Key Points

  • Minimum SIP amount reduced from Rs. 500 to Rs. 250 for both schemes
  • Applies to Direct and Regular Plan, Growth Option
  • Unifi Dynamic Asset Allocation Fund: Monthly SIP frequency
  • Unifi Flexi Cap Fund: Weekly and Monthly SIP frequencies
  • Multiples remain Re. 1 as before
  • NSE issued circular ref. NSE/NMFTM/74284 (Circular Ref. No: 1382/2026)

Regulatory Changes

Paras XII (Minimum Application Amount) and XXIII (Special Products and Facilities Available to Unitholders/Investors) of the Scheme Information Document (SID), and the Minimum Application Amount/Number of Units section of the Key Information Memorandum (KIM) stand modified accordingly for both schemes. All other terms, conditions, and risk-o-meter ratings remain unchanged.

Compliance Requirements

  • NSE members are informed to note the revised minimum SIP amounts effective May 20, 2026
  • Application forms and scheme documents for both funds are updated per the notice cum addendum issued by Unifi Asset Management Private Limited
  • No specific action required from existing unitholders

Important Dates

  • May 18, 2026: Notice cum addendum signed by Unifi Asset Management Private Limited (Chennai)
  • May 19, 2026: NSE circular issued
  • May 20, 2026: Effective date for revised minimum SIP amounts

Impact Assessment

This change lowers the barrier to entry for retail investors wishing to start SIPs in Unifi Dynamic Asset Allocation Fund and Unifi Flexi Cap Fund, improving accessibility. There is no impact on existing investors or current SIP mandates. Broader market impact is negligible as this is a scheme-level administrative modification by a smaller AMC.

Impact Justification

Routine administrative change reducing minimum SIP amount for two mutual fund schemes, making them more accessible to retail investors but not affecting existing unitholders or broader market operations.