IDFC Mutual Fund has announced a revision in exit load under IDFC Monthly Income Plan (IDFC MIP), with effect from January 7, 2011.
Now, exit load will be 1 per cent if redeemed within 1 year from the date of subscription.
Earlier exit load used to be 1.50 per cent if redeemed within 18 months from the date of subscription.
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The cost of growing
Growth is only good when it pays its own way
Other Episodes
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A per-person limit on the fund route would steady the rupee better than freezing the whole industry
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September and October have left most portfolios in the red. That number says more about when you invested than about the fund you chose.
The right question
After 24 years, readers' worries have changed, but the real challenge is still knowing which questions to ask
Buying gold on Dhanteras is not investing
Honour the ritual, but count Dhanteras jewellery as spending. Gold you hold as insurance needs a form you can sell cheaply, and a necklace is not that form.
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