Lump Sum Top Up (Mutual Funds)

Q & A ForumCategory: Mutual FundsLump Sum Top Up (Mutual Funds)
Rony asked 8 years ago
I have a made a lump sum investment of 4.5 lacs in HDFC balanced fund and opted for SWP at 8% p.a. If I decide to invest an additional lump sum amount say three or four months from now, will it be added to my existing folio or a separate one will be created? Also, will the SWP amount also be increased automatically in the former case?
1 Answers
Sreekanth Staff answered 8 years ago
Hi, If you make additional investment with the same Folio number, then it will be added to the existing folio only, and the SWP will remain the same.  
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