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HDFC Top 200 Fund reduces exit load period


HDFC Mutual Fund has revised the exit load of the following funds, with effect from May 08, 2015:

Scheme NameExisting Exit LoadRevised Exit Load
HDFC Top 2001% if redeemed within 18 months1% if redeemed within 1 year
HDFC Infrastructure
HDFC Balanced
HDFC Prudence
HDFC Growth2% if redeemed within 12 months,
1% if redeemed after 12 months but within 24 months &
0.50% if redeemed after 24 months but within 36 months
HDFC Capital Builder
HDFC Small & Mid Cap
HDFC Core & Satellite3% if redeemed within 12 months,
2% if redeemed after 12 months but within 24 months &
1% if redeemed after 24 months but within 36 months
HDFC MF MIP (ST and LT Plan)Charged over & above redemption of 30% of the units as 1.50% if redeemed within 12 months,
1% if redeemed after 12 months but within 24 months &
0.50% if redeemed after 24 months but within 36 months
Charged over & above redemption of 15% of the units as 1% if redeemed within 1 year

The fund house has decided to roll over HDFC Fixed Maturity Plan 538D November 2013 (1) for 744 days. The scheme shall now mature on June 01, 2017 against the previous May 20, 2015.

The fund house has also announced dividend under the dividend option of HDFC FMP 367D May 2014 (1) Reg-D, HDFC FMP 367D May 2014 (1) Direct-D, HDFC FMP 367D May 2014 (1) Reg-DQ and HDFC FMP 367D May 2014 (1) Direct-DQ. The quantum of dividend will be the entire distributable surplus as on the record date.

The record date has been fixed as May 07, 2015.