VR Logo

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


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.