HDFC MF: Exit Load to be charged for STP into Income Schemes and Arbitrage Fund

HDFC MF has notified that with effect from February 20, 2009, for all investments through Systematic Transfer Plan (STP) into the Income Schemes of HDFC MF and HDFC Arbitrage Fund (the 'Transferee Scheme') from any schemes of the fund house that allow STP (the 'Transferor Scheme') will be subject to exit load as applicable under the Transferor Scheme.