IDFC Mutual Fund has announced to revise the exit load structure under IDFC Arbitrage & Arbitrage Plus Fund with effect from April 8, 2013.
IDFC Arbitrage Fund
The revised exit load will be 0.25% if redeemed/switched out within 3 months from the date of allotment. Presently, it is being charged at 0.25% if redeemed within 1 month from the date of allotment.
IDFC Arbitrage Plus Fund
The revised exit load will be 0.50% if redeemed/switched out within 6 months from the date of allotment. Presently, it is being charged at 0.50% if redeemed within 1 year from the date of allotment.
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