MUTUAL FUNDS
HDFC AMC introduces SWAP Top-Up Feature
Dec-19-2025

HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Documents (SIDs) / Key Information Memorandums (KIMs) of select Schemes and Statement of Additional Information (SAI) of HDFC Mutual Fund.

HDFC Mutual Fund has informed that the AMC has decided to introduce Systematic Withdrawal Advantage Plan (SWAP) Top-Up’ feature (‘the facility’) through offline mode. This facility allows investor/unitholder to opt for an annual increase in their withdrawal amount through SWAP on completion of one year from the date of registration of SWAP.

Key features of this facility are as under: - 

1. Initial SWAP Amount/Rate: As opted by the Investor/Unitholder. 

2. Top Up Frequency: Annual (Any month after completing 12 months from date of SWAP registration and thereafter same month of every following year). 

3. Top Up Rate*: To be specified by Investor/Unitholder. 

4. Top Up Amount*: Rs. 100 and in Multiples of Rs. 100 thereof.

5. Eligible Schemes All schemes offering SWAP facility shall be eligible schemes to offer SWAP Top-Up facility.

* Investor/unitholder may choose either Top Up Rate or Top Up amount. If the option is not specified by the investor/unitholder, then default rate will be 6% and Top Up Frequency will be following month of April subject to  completion of 12 months from date of SWAP registration.

The aforesaid facility will be available through offline mode from December 22, 2025 (the Effective Date) for all new and existing SWAP registrations. The AMC reserves the right to modify terms and conditions of the aforesaid facility. 

All other terms and conditions of the eligible schemes shall remain unchanged. This addendum shall form an integral part of the SID / KIM of the eligible schemes and SAI of the Fund as amended from time to time.


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