Fund News

HDFC MF changes exit load and declares dividend

HDFC MF changes exit load and declares dividend

HDFC Mutual Fund revised the exit load of HDFC Index Fund- Nifty Plan to 1 per cent for redemptions within 3 months, against the previous 1 per cent for redemptions within 30 days.

The change will be effective from December 18, 2013.

The fund house has also announced dividend under the dividend option of HDFC FMP 370D Dec 2012 (1). The quantum of dividend shall be the entire distributable surplus as on record date.

The record date has been fixed as December 17, 2013.



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