Widely read:
HDFC Mutual Fund has revised the exit load of HDFC Balanced Fund, HDFC Capital Builder Fund and HDFC MF Monthly Income Plan- LT. The revised load will be 1 per cent for redemption within 18 months from the date of allotment, against the previous 1 per cent for redemption within 1 year of allotment.
The change will be applicable from July 01, 2014.
The Fund House also announced dividend under the dividend option of HDFC FMP 566D Dec 2012 (1)-D, HDFC FMP 566D Dec 2012 (1)-DQ, HDFC FMP 369D June 2013 (1) Reg-D, HDFC FMP 369D June 2013 (1) Direct-D and HDFC FMP 369D June 2013 (1) Reg-DQ.
The quantum of dividend will be the entire distributable surplus as on the record date. The record date has been fixed as June 30, 2014.
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