Sundaram Mutual Fund has introduced a new facility, Any Day SIP, through which your clients can pick any date of their choice to do SIP.
Any Day SIP is applicable across all open-ended schemes of the fund house, except in liquid schemes. This is effective July 29, 2020.
In a press release, Sunil Subramaniam, Managing Director, Sundaram Mutual said, “SIP investments, were hitherto restricted to certain specific dates in a month. We are now enhancing the flexibility and convenience available to investors as they can now choose SIP dates that suit their individual needs."
With this, monthly SIPs can be scheduled for any day of the month. Existing investors can also choose to modify their SIP date on Sundaram MF’s website.
