Deutsche MF reduces minimum redemption amount under Insta Cash Plus Fund
Mumbai: Deutsche Mutual Fund has revised minimum redemption amount for Deutsche Insta Cash Plus Fund with effect from September 5, 2011.
The revised minimum redemption amount for all plans will be Rs. 1000/- or 100 units or account balance, whichever is lower. Earlier, for regular plan, it was Rs. 1000/- and in multiples of Rs.1/- thereafter and for Institutional & Super Institutional Plan, the minimum redemption amount was Rs. 100000/- and in multiples of Rs. 1 thereafter.
