WorksheetsBOOSTER SIP
Total questions: 10
Worksheet time: 5mins
What is BOOSTER SIP
Invest More in Equity when Valuation is Attractive & Less when Expensive
Same as normal SIP
Booster SIP is same as Freedom SIP
It is a combination of SIP + SWP
What is the frequency available for BOOSTER SIP
Fortnightly/Monthly
Monthly / Quaterly
Weekly / Monthly
All Frequencies are available
How can someone regiter BOOSTER SIP
Only Offline
IPRU Touch APP
Website
All of the above
What is used to identify the levels of equity markets?
Fund managers call
Equity Valuation Index
Indicies Level
Investments Market Valuation
What is the multiplier range of SIP installment amount
0.1x to 10x
There are no capping in SIP installment amount
10x to 100x
It depends on investors risk ability.
Which Funds are eligible for registration of BOOSTER SIP?
Asset Allocator Fund, Balanced Advantage Fund & Multi Asset Fund
Equity Savings Fund, Ultra Short Term Fund & Floating Interest Fund.
CRF, Liquid & Overnight
All schemes are eligible for Booster SIP.
SIP Top up is not allowed in Booster SIP
FALSE
TRUE
On which day the money is switched to the target scheme?
The switch date is same as SIP date in the source scheme.
There is no specific switch date.
The switch happens after the funds are realized and the units are alloted in the source scheme.
The switch will happen after the customers request for each transaction
Plan and Option should be same for source and target scheme
True
FALSE
What is the minimum installment amount to register Booster SIP?
10000
1000
100
50000
