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Franklin Templeton Mutual Fund Sl. No. Systematic Investment Plan through ECS/Direct Debit(See instructions overleaf)Distributor informationAdvisor ARNSubbroker/Branch CodeSubbroker ARNThe upfront
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Micro SIP refers to a small value Systematic Investment Plan in mutual funds, allowing investors to invest a minimal amount regularly.
Individuals who wish to invest in mutual funds through a Micro SIP method can file for it, with no minimum income requirements.
To fill out for a Micro SIP, investors need to complete a KYC form provided by the mutual fund or through a financial advisor, specifying the investment amount.
The purpose of Micro SIP is to encourage small investors to start investing in mutual funds with little capital, promoting savings and financial discipline.
Investors must report personal identification details, bank account information, and investment choice details in the Micro SIP application.
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