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Tuesday, June 24, 2014

HDFC Corporate Debt Opportunities Fund Announces Change In Exit Load Structure

With effect from 01 July 2014 

HDFC Mutual Fund has announced change in exit load structure under HDFC Corporate Debt Opportunities Fund, an open ended income scheme with effect from 01 July 2014.
Accordingly, in respect of each purchase / switch-in of units, an exit load of 2% is payable if units are redeemed / switched-out within 12 months from the date of allotment. 

In respect of each purchase / switch-in of units, an exit load of 1% is payable if units are redeemed / switched-out after 12 months but within 24 months from the date of allotment. 

No exit load is payable if units are redeemed / switched-out after 24 months from the date of allotment.
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