Additionally, SIP (Systematic Investment Plan) provisions have been updated for various schemes including Shriram Aggressive Hybrid Fund, Shriram Flexi Cap Fund, Shriram Balanced Advantage Fund, Shriram ELSS Tax Saver Fund and Shriram Multi Asset Allocation Fund.
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Investors can now start SIP with a minimum of ₹500, with a commitment of at least 24 installments.
What this means for investors
These changes reduce the barriers to entry for new and small investors, making it more accessible to diversify investments across different schemes.
Reduced minimum investment amounts provide flexibility and encourage disciplined investment through SIP.
Investors looking to start with smaller amounts or gradually build their portfolios will benefit from these updates.
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