Fund News

HDFC Mutual Fund: Revision in Load Structure and Roll Over of scheme

HDFC Mutual fund has revised the exit load of following schemes.

table 1

The changes will be a

HDFC Mutual fund has revised the exit load of following schemes:

Scheme NameExisting Exit LoadRevised Exit Load
HDFC MF Monthly Income Plan- Short Term1% if redeemed within 1 year2% if redeemed within 12 months 1% if redeemed between 12 months to 24 months 0.5% if redeemed between 24 months to 36 months
HDFC Corporate Debt Opportunities Fund2% if redeemed within 12 months 1% if redeemed between 12 months to 24 months2% if redeemed within 12 months 1% if redeemed between 12 months to 24 months 0.5% if redeemed between 24 months to 36 months

The changes will be applicable from August 13, 2014.

The Fund House also decided to roll over HDFC FMP 370D August 2013 (3) to 756 days. Now the scheme will mature on September 20, 2016.



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