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.
This article was originally published on November 27, 2009.
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