Fund News

IDFC removes exit load for switches between equity schemes

IDFC Mutual Fund has announced that there will be no exit load for switch transactions between equit

IDFC Mutual Fund has announced that there will be no exit load for switch transactions between equity oriented schemes including IDFC Arbitrage Fund & Arbitrage Plus Fund.

The fund house has also decided to increase the cap from Rs 10 lakhs to Rs 25 lakhs under the STP facility available in IDFC Premier Equity Fund, effective October 12, 2009.



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