HDFC Mutual Fund has revised the exit load under HDFC Floating Rate Income Long Term. The changes are as follows:
Revised load:
Effective May 14, 2010
1% if redeemed within 12 months from the date of allotment.
Effective May 15, 2010
3% if redeemed within 18 months from the date of allotment.
Existing load:
3% if redeemed within 18 months from the date of allotment.