IDFC Mutual Fund has introduced Plan - B under IDFC Saving Advantage Fund. The features of the plan are as follows:
Option: Growth, Dividend and Dividend Sweep.
Plan Introduction Price: Rs.10/-.
Plan Introduction date: April 9, 2010.
Minimum amount: Rs.1,000/-.
Entry load: Nil
Exit load: 1% if redeemed with in 60 days from the date of allotment.
Recurring Expense: Maximum 2.15% of Daily Average Net Asset.