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Monday, September 29, 2014

HDFC MF Announces Change In Exit Load Structure Under Two Schemes

With effect from 01 October 2014 

HDFC Mutual Fund has announced change in exit load structure under HDFC Prudence Fund and HDFC Core & Satellite Fund, with effect from 01 October 2014. 

Accordingly the revised exit load will be: 

HDFC Prudence Fund: 

In respect of each purchase / switch-in of units, an exit load of 1.00% is payable if units are redeemed / switched out within 18 months from the date of allotment. 
 
HDFC Core & Satellite Fund: 

No exit load is payable if units are redeemed / switched out after 18 months from the date of allotment.
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