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IDFC All Seasons Bond Fund: Revision in Exit load and Change in Minimum Application Amount

IDFC Mutual Fund has revised the exit load of IDFC All Seasons Bond Fund. The revised exit load will be 1% if redeemed/switched out within 1 year from the date of allotment. However, no exit load will be charged in case of switches to any of the IDFC Equity Oriented Funds.
The minimum application amount has been increased from Rs 5000 to Rs. 24000 per application, with effect from September 6, 2011.