Revision of Minimum Amount and Units for Redemption under HDFC MF | Value Research HDFC Mutual Fund has approved the revision of 'Minimum Amount/Units for Redemption for all open ende
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Revision of Minimum Amount and Units for Redemption under HDFC MF

15-Jun-2016 •News Desk

Revision of Minimum Amount and Units for Redemption under HDFC MF

HDFC Mutual Fund has approved the revision of 'Minimum Amount/Units for Redemption for all open ended Schemes [except HDFC Retirement Savings Fund and Exchange Traded Funds] with effect from June 22, 2016.

For Schemes other than Liquid Schemes the minimum redemption amount will be ₹500 and in multiples of ₹1/- thereafter. The minimum redemption amount for HDFC Liquid Fund, HDFC Cash Management Fund-Call Plan and Savings Plan (Liquid Schemes) the minimum redemption amount will be ₹5,000 and in multiples of ₹1/- thereafter.

However, there will be No minimum redemption criteria for Unit based redemption.

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