IDFC Mutual Fund has announced a change in fund manager under IDFC Super Saver Income - Investment Plan, IDFC Dynamic Bond, and IDFC Government Securities Fund ( Invest., Provident , Short Term ). Mr. Suyash Choudhary has been designated as the fund manager of these schemes, effective October 15, 2010.Earlier these scheme were managed by Mr. Arjun Parthasarthy .
IDFC Savings Advantage Fund has revised the exit load for all investment including SIP/STP with effect from October 18, 2010. Now, the scheme will charge an exit load of 1%, if redeemed within 91 days from the date of allotment.
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