Motilal Oswal MF alters minimum lumpsum, SIP sum amount

Motilal Oswal Mutual Fund has revised the minimum lumpsum investment amount, minimum installments for systematic investment plan, systematic transfer plan and systematic withdrawal plan, with immediate effect, the fund house said in an addendum.

Below are the revisions to the minimum amount for lumpsum, systemic investment plans:

Particulars	Existing Structure		Revised Structure
		No. of installments		No. of installments
Minimum Application Amount - For Lumpsum including MotilalOswal Value Index (MOVI) Pack Plan	Rs 5,000 and in multiples of 1 rupee thereafter		Rs 500 and in multiples of 1 rupee thereafter
Minimum Installment Amount for SIP Weekly/ Fortnightly/ Monthly	Rs 1,000  and in multiples of 1 rupee thereafter	Minimum - 6 Maximum - No Limit	Rs 500 and in multiples of 1 rupee thereafter	Minimum - 12 Maximum - No Limit
Minimum Installment Amount for SIP Quarterly	Rs 2,000 and in multiples of 1 rupee thereafter	Minimum - 3 Maximum - No Limit	Rs 1,500  and in multiples of 1 rupee  thereafter.	Minimum - 4 Maximum - No Limit
Minimum Installment Amount for SIP Annually	Rs 5,000 and in multiples of 1 rupee thereafter	Minimum - 1 Maximum - No Limit	Rs 6,000  and in multiples of 1 rupee thereafter.	Minimum - 1 Maximum - No Limit
Minimum Additional Amount for Lumpsum and SIP	Rs 1,000 and in multiples of 1 rupee thereafter		Rs 500 and in multiples of 1 rupee thereafter
Minimum Redemption Amount for SIP/ Redemption/ Switches	Rs 1,000 and in multiples of 1 rupee thereafter or account balance, whichever is lower.		Rs 500  and in multiples of 1 rupee thereafter
Minimum amount per installment for Systematic Transfer Plan (STP)under weekly/ fortnightly/ monthly STP including MotilalOswal Value Index (MOVI) Pack Plan - STP	Rs 1,000 and in multiples of 1 rupee thereafter	Minimum - 6 Maximum - No Limit	Rs 500  and in multiples of 1 rupee thereafter	Minimum - 6 Maximum - No Limit
Minimum amount per STP installment under Quarterly STP	Rs 2,000 and in multiples of 1 rupee thereafter	Minimum - 6 Maximum - No Limit	Rs 1,500  and in multiples of 1 rupee  thereafter.	Minimum - 6 Maximum - No Limit
Minimum amount per Systematic Withdrawal Plan (SWP) installment under weekly/ fortnightly/ monthly/ SWP	Rs 1,000  and in multiples of 1 rupee thereafter	Minimum - 6 Maximum - No Limit	Rs 500 and in multiples of 1 rupee thereafter	Minimum - 12 Maximum - No Limit
Minimum amount per SWP installment under Quarterly SWP	Rs 2,000 and in multiples of 1 rupee thereafter	Minimum - 3 Maximum - No Limit	Rs 1,500 and in multiples of 1 rupee  thereafter.	Minimum - 4 Maximum - No Limit
Minimum amount per SWP installment under Annual SWP	Rs 1,000 and in multiples of 1 rupee thereafter		Rs 500 and in multiples of 1 rupee thereafter
Minimum amount for purchase/ switches into the Scheme	Rs 5,000 and in multiples of 1 rupee thereafter		Rs 500 and in multiples of 1 rupee thereafter

The fund house also notified the minimum application amount for lumpsum facility under Motilal Oswal Cash Flow Plan will remain Rs 5,000 and in multiples of one rupee thereafter. All other features of the schemes will remain unchanged.