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IDFC Enterprise Equity: Conversion to open-end

IDFC MF has notified the conversion of IDFC Enterprise Equity Fund to an open-end scheme with effect from June 10, 2009. Consequently, the load structure under the scheme will be revised as follows:

Entry Load: For investments of less than Rs 5 crore, 2.25%. For SIP / STP upto Rs 10 lakh or equal to or more than
Rs 5 crore, no entry load is applicable.
Exit Load: For fresh purchases if redeemed within 2 years, 2%.