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Change in minimum SIP amount of Union Multi Cap Fund
21-Oct-26   11:14 Hrs IST
Union Mutual Fund has announced a change in minimum SIP amounts for the following scheme, effective from October 22, 2026:

change in minimum SIP amounts

Scheme Name Existing Scheme Feature Proposed Scheme Feature
Union Multi Cap Fund For Systematic Investment Plan (SIP):
Rs. 500 and in multiples of Re. 1 thereafter (for weekly frequency)
Rs. 500 and in multiples of Re. 1 thereafter (for Fortnightly frequency)
Rs. 500 and in multiples of Re. 1 thereafter (for monthly frequency)
For Systematic Investment Plan (SIP):
Rs. 250 and in multiples of Re. 1 thereafter (for weekly frequency)
Rs. 250 and in multiples of Re. 1 thereafter (for Fortnightly frequency)
Rs. 250 and in multiples of Re. 1 thereafter (for monthly frequency)

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

"Contents which are exclusively for Non-Broking Products/Services, "Mutual Fund, Mutual Fund-SIP, Research reports, Insurance, etc. where the Member is just a distributor. These are not Exchange traded product and the Member is just acting as distributor. It should also state that all disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism."

A Muthoot M George Enterprise