HDFC Mutual Fund has announced change in exit load structure under HDFC Arbitrage Fund, with effect from 15 June 2015.
Accordingly the revised exit load will be:
In respect of each purchase / switch-in of units, an exit load of 0.25% is payable if units are redeemed / switched-out within 1 month from the date of allotment of units.
No exit load is payable, if units are redeemed / switched-out after 1 month from the date of allotment.