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Load Change under HDFC MIP-Long Term Plan

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.