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No Load on Fresh SIPs

After August 1, 2009, it is advisable to start earlier dated SIPs afresh

I have been investing in an SIP of HDFC TOP 200 since 2005. Do I need to stop the same and start afresh , so that it does not attract load any longer. Kindly advise.

-Rashmi



With effect from August 1, 2009, there will be no entry load on any of the funds. Though entry load has been abolished, all the SIPs that had been registered before, will continue to attract loads.

Therefore, it would be a wise decision if you stop your earlier SIPs and start afresh to take advantage of the new SEBI norms.

Snapshot

HDFC TOP 200

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