
IDFC Mutual Fund has announced a change in fund manager under IDFC All Seasons Bond Fund. Mr. Suyash Choudhary has been designated as the fund manager, with effect from October 21, 2010.
IDFC Mutual Fund has also revised the exit load under all plans of IDFC Money Manager Fund, with effect from October 21, 2010.
Earlier the exit load used to be 1% if redeemed within 30 days. Now, it will be Nil.