IDFC Mutual Fund has announced that a facility called SIP-Care has been introduced by the AMC which is a normal Systematic Investment Plan (SIP) in the equity scheme which will allow subscribers to avail preventive health care and related services at a discounted rate. No additional cost would be charged to the customer or to the fund for this benefit. There are certain specific health care benefits attached to this “SIP-Care”. The subscribers would be provided a Health Card which will help them in getting certain benefits provided by Indian Health Organization Pvt. Ltd. (IHO) through their network of doctors and medical practitioners and pathology labs etc. This facility will be effective from 02 July 2013.
i. SIP-Care is available only in the monthly frequency.
ii. SIP-Care would be available only for an SIP of 36 months or more
iii. In case of SIP-Care minimum amount has been kept as Rs. 2000/-. Any SIP-Care application for a monthly SIP of less than Rs. 2000/- would be rejected.
iv. The Health care benefits would be discontinued and the Card would be deactivated if the SIP is discontinued during the period for which the AMC is offering the facility.
v. The Health care benefits are available to the subscribers of IDFC SIP Care only for a period of one year from the date of subscription. The subscribers desirous of availing the facility beyond 1 year can get the card renewed by paying the fees directly to IHO.
vi. All the other terms and condition of the normal SIP facility will be applicable to SIP-Care facility.
SIP-Care is currently available only to subscribers of equity schemes of IDFC Mutual Fund under any plan or option. All other criteria like load structure and cutoff time etc of the normal Systematic Investment Plan (SIP) would be applicable to SIP-Care scheme as well.
You may download its
presentation from here
KIM and application form from here
Brochure from here
All India network Hospital / Clinic list from here