I would like to know what would be the exit load on switch from HDFC Balanced Fund to HDFC Capital Builder Fund? The investment hasn't completed a year.
- B K Aglave
If you are switching within a year, you will have to pay an exit load of 1%. The fund charges exit load if units are redeemed/ switched-out within one year from the date of allotment.
This article was originally published on January 14, 2016.