Ch.7 · NAV Calculation Rules · medium
How are transaction charges deducted for SIP investments?
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EXPLANATION
For SIP investments where total commitment exceeds ₹10,000, a ₹100 transaction charge (₹150 for new investors) is deducted from the first few SIP instalments proportionally — typically ₹100 split across the first 3-4 instalments. This applies only to Regular Plan SIPs via distributors. Direct Plan SIPs have no transaction charges.
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