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IDFC MF launches Plan ‘B’ in IDFC Saving Advantage Fund

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/-.

Load structure:
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.