09 Sep 2020, 11:06 AM
Suspension of lumpsum investments in SBI Small Cap fund
SBI Mutual Fund has suspended fresh lumpsum investments in SBI Small Cap Fund. However, the AMC will continue to accept fresh SIP investments of up to Rs 5000 per month.
As you might be aware, on Coin we simulate SIPs and all your SIPs are essentially lumpsum investments. We do this because of the flexibility it gives investors. Since fresh lumpsum investments aren't allowed in the scheme, you will have to set up an AMC SIP. Please login to the Coin app and create a SIP in the scheme to continue investing,
All your existing SIPs in the scheme have been deleted.