HDFC Mutual Fund has revised the load structure for FIIs investing in HDFC Equity Fund, HDFC Top 200, HDFC Capital Builder, HDFC Growth, HDFC Premier Multi-Cap and HDFC Core & Satellite Fund with effect from 26 October,2006.
For all the above funds, an entry load of 2.25 per cent for investment less than Rs 5 crores will be levied. The exit load for HDFC Equity, HDFC Capital Builder and HDFC Premier Multi-Cap remains unchanged. But for HDFC Top 200 and HDFC Core & Satellite, an exit load of 1 per cent is payable if units are redeemed within 1 year. And for HDFC Growth, an exit load of 1% would be charged for investment less than Rs 5 crores if redeemed within 1 year.
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