Can I register multiple options in the source scheme under the HDFC Flexindex Plan? What would be the minimum amount for such registration?
Yes. The minimum amount in the source scheme for each HDFC Flexindex Plan enrolment should be met. For e.g. if a person has registered for HDFC Flexindex Plan in HDFC Top 200 and HDFC Equity Fund. The minimum amount in the source scheme (s) must be Rs 40,000/-. i.e. Rs 20,000 for each of the two schemes. • In case two levels are breached on a particular date will the switch be processed only for one level or will it be processed for both? 1. If on a particular date the trigger activated is based on the second or third level in the options enrolled for, the cumulative percentage across the levels will be switched into the target scheme. For e.g. if the Unit holder has enrolled in the following option: Serial no. Index Levels % to be switched 1 9600 25 2 9300 25 3 10400 25 4 11200 25 Assume the following scenarios: Opening Index Level on April 01, 2009: 9700 points. The closing Index Level touches 9250 points. As a result 2 Index levels are trigged, one at 9600 and second at 9300, which
Yes. The minimum amount in the source scheme for each HDFC Flexindex Plan enrolment should be met. For e.g. if a person has registered for HDFC Flexindex Plan in HDFC Top 200 and HDFC Equity Fund. The minimum amount in the source scheme (s) must be Rs 40,000/-. i.e. Rs 20,000 for each of the two schemes.
Yes. The minimum amount in the source scheme for each HDFC Flexindex Plan enrolment should be met. For e.g. if a person has registered for HDFC Flexindex Plan in HDFC Top 200 and HDFC Equity Fund. The minimum amount in the source scheme (s) must be Rs 40,000/-. i.e. Rs 20,000 for each of the two schemes. • In case two levels are breached on a particular date will the switch be processed only for one level or will it be processed for both? If on a particular date the trigger activated is based on the second or third level in the options enrolled for, the cumulative percentage across the levels will be switched into the target scheme. For e.g. if the Unit holder has enrolled in the following option: Serial no. Index Levels % to be switched 1 9600 25 2 9300 25 3 10400 25 4 11200 25 Assume the following scenarios: Opening Index Level on April 01, 2009: 9700 points. The closing Index Level touches 9250 points. As a result 2 Index levels are trigged, one at 9600 and second at 9300, which mea
