SYSTEMATIC INVESTMENT PLAN

LITTLE DROPS OF WATER MAKE THE MIGHTY OCEAN

A Systematic Investment Plan (SIP) is a smart and hassle-free mode for investing money in mutual funds. SIP allows an investor to invest a certain pre-determined amount at a regular interval.

Investing a fixed amount on a regular basis for a long-term helps to take the advantage of market cycle. As the investment amount is fixed, more units are purchased when price is low and fewer when price is high.

A SIP is a planned approach towards investments and helps to inculcate the habit of saving and building wealth for the future.

SIP is available for all mutual funds of IDLC. For eg. If an investor opens a SIP account for IDLC Balanced Fund, purchase and sale price will be based on the Net Asset Value (NAV) of IDLC Balanced Fund.

WHY CHOOSE SYSTEMATIC INVESTMENT PLAN?


Scheme Details

Scheme Details

1. Installment:

Individual Investor: BDT 1,000 or any multiple of BDT 1,000

Institutional investor: BDT 10,000 or any multiple of BDT 10,000.

2. Tenure:

The SIP will be offered for at least 2 years or any higher period set by the investor; however, there will be no penalty for early encashment. After maturity, the investor may surrender or continue the investment as mentioned in the application form.

3. Installment Cycle:                                               

Installment amount is payable on the  7th of each month.

4. 2nd Installment Cycle (for default investors only):

15th of each month

5. No. of Defaults:

The default of 2 (two) installments will result in discontinuation of SIP

6. Purchase Price:

At Net Asset Value (NAV); no entry load

7. Surrender Price:

At Net Asset Value (NAV); no exit load

8. Application Forms:

Available Here. – LINK TO IDLC SIP FORMS

Interested to Invest?
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