01-Jul-2025      10:51

Navi Mutual Fund to discontinue SIPs below Rs 100 all schemes for except ELSS funds

Navi Mutual Fund announces that all Investors / Unit holders that investors having existing Systematic Investment Plans (SIPs) with instalment amount less than Rs. 100 under all the existing schemes of Navi Mutual Fund shall have below options:

' Investors registered with SIPs of less than ₹100 per instalment are given an option to top-up their Instalment amount to ₹100 or above till July 31, 2025 (applicable across all frequencies and all plans of all schemes of Navi Mutual Fund except ELSS funds).

' Investors may choose to voluntarily cancel their SIPs at any time on or before July 31, 2025, through the existing SIP cancellation process.

' In case no action is taken by the investor on or before July 31, 2025, such SIPs shall be automatically cancelled with effect from August 01, 2025.

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