HDFC Mutual Fund has revised the exit load of HDFC MF Monthly Income Plan - Long Term and HDFC MF Monthly Income Plan - Short Term with effect from March 02, 2015.
The existing exit load is 2% if redeemed within 12 months, 1% if redeemed between 12 months- 24 months and 0.50% if redeemed between 24 months- 36 months.
The revised exit load will be charged over redemption of 30% of the units as 1.50% if redeemed within 12 months, 1% if redeemed between 12 months- 24 months and 0.50% if redeemed between 24 months- 36 months.