HDFC Mutual Fund removes Exit Load in it's Two Schemes

HDFC Mutual Fund has decided to remove exit load in HDFC Income Fund and HDFC High Interest Fund-Short Term Plan with effect from December 1, 2016.

Earlier, HDFC Income Fund was charging an exit load of 0.50% if units are redeemed within 6 months and HDFC High Interest Fund-Short Term Plan was charging 0.25% if units are redeemed within 1 month from the date of allotment.