Stanbic IBTC Equity fund is about 60k + / unit share. Can someone investment less than the unit share and keep increase it as time pass?
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Stanbic IBTC Equity fund is about 60k + / unit share. Can someone investment less than the unit share and keep increase it as time pass?
Yes, you can invest less than the current unit price because mutual funds allow fractional units. You don't need enough money to buy one full unit. As long as you meet the applicable minimum investment amount for your account, you can continue adding to your investment over time, and your units willRead more
Yes, you can invest less than the current unit price because mutual funds allow fractional units. You don’t need enough money to buy one full unit. As long as you meet the applicable minimum investment amount for your account, you can continue adding to your investment over time, and your units will keep increasing.
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