
HDFC Mutual Fund has increased the fresh SIP registration amount in HDFC Defence Fund and caps fresh STP registration at Rs 25,000 with effect from May 4.
According to a notice cum addendum by the fund house, in partial modification of the same, it has now been decided to increase the amount of fresh SIP registrations and also allow fresh STP registrations only under the monthly frequency for up to Rs 25,000 per investor at the first holder PAN level.