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HDFC Monthly Income Plan - Short Term Plan: Change in Exit Load

Last updated: 08-Jul-2024•Value Research

HDFC MF has notified the following change in the exit load structure under HDFC

Monthly Income Pl

HDFC MF has notified the following change in the exit load structure under HDFC Monthly Income Plan - Short Term Plan.

Existing Exit Load: For investments of upto Rs. 10 lakh, 0.50% if redeemed within 6 months; for investments of more than Rs. 10 lakh, 0.25% if redeemed within 3 months.

Revised Exit Load: For investments of upto Rs. 1 crore, 1% if redeemed within 12 months; for investments of more than Rs. 1 crore, 0.25% if redeemed within 3 months.

The aforesaid change is applicable from April 01, 2009 and will be for investments other than through SIP and STP.

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