Ch.5 · NFO Process and Rules · medium
What is the 'minimum redemption amount' typically disclosed in the SID?
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EXPLANATION
The SID discloses the minimum redemption amount — the smallest amount (in rupees) or smallest number of units that can be redeemed in a single transaction. For most schemes this is ₹1,000 or 100 units. If the remaining balance after redemption falls below the minimum balance, the AMC may redeem the entire balance.
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