Widely read:
HDFC Mutual Fund has revised the exit load of follwing schemes:
The existing exit load of HDFC Small and Mid Cap Fund is 2 per cent for redemption/ switching out units after within 12 months and 1 per cent for redemption/ switching out units after 12 months but within 18 months.
The existing exit load of HDFC Capital Builder Fund is 1 per cent for redemption/ switching out units within 18 months.
The existing exit load of HDFC Growth Fund is 1 per cent for redemption/ switching out units within 1 year.
The revised exit load of above schemes will be 2 per cent for redemption/ switching out units within 12 months, 1 per cent for redemption/ switching out units after 12 months but within 24 months and 0.50 per cent for redemption/ switching out units after 24 months but within 36 months.
The effective date is December 18, 2014.
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