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HDFC Prudence Announces Load Revision


HDFC Mutual Fund has announced the revision in entry load of HDFC Prudence. Effective July 14, 2003, the fund would charge an entry load of 2 per cent for all investments less than Rs 1.5 crores. No entry load would be charged for investments greater than or equal to Rs 1.5 crores. Currently, the fund charges an entry load of 2 per cent, irrespective of the investment amount.