HDFC Mutual Fund has announced a change in the exit load of HDFC Short Term Plan. An exit load 0.75% will be charged if units are redeemed or switched out within 9 months from the date of allotment.
Earlier the load of 0.50% was charged if units were redeemed / switched out within 6 months from the date of allotment.
The effective date for this change will be July 2, 2012.
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