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HDFC Income Fund Revises Load Structure


HDFC Income Fund has revised its load structure with effect from December 10, 2001. For redemption amount of upto Rs 10 lakhs, an exit load of 0.5 per cent will be charged if redeemed within six months. And for redemption amount above this limit, the fund will charge an exit load of 0.25 per cent if redeemed before three months. However, there is no change in its entry load i.e., entry into the fund is on a no-load basis.