HDFC Mutual Fund has revised the exit load structure for HDFC Monthly Income Plan -
Long Term Plan, with effect from October 3, 2006. The exit load of 0.5% for investment upto Rs. 10 lakhs if redeemed within in 6 months and 0.25% for investment greater than Rs. 10 lakhs if redeemed within 3 months is being waived off. Now, the fund will charge an exit load of 1% for investment less than Rs. 5 crore, if redeemed within 1 year.