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HDFC Fixed Maturity Plan 371D December 2013 (1) gets a roll over


HDFC Mutual Fund has decided to roll over HDFC Fixed Maturity Plan 371D December 2013 (1) for 742 days. Now, the scheme will mature on December 20, 2016. Currently, it is due for maturity on December 09, 2014.

The fund house has also decided to revise the exit load of HDFC Core and Satellite Fund to 3 per cent for redemption/ switching out units within 12 months, 2 per cent for redemption / switching out units after 12 months but within 24 months and 1 per cent for redemption / switching out units after 24 months but within 36 months.

Presently, it is 1 per cent for redemption/ switching out units within 18 months. The effective date is December 01, 2014.