HDFC Medium Term Opportunities Fund revises exit load
Feb 09 2016
News Category: Exit Load Change
HDFC Mutual Fund has revised exit load of HDFC Medium Term Opportunities Fund, with effect from Feb 8. Earlier exit load of 1% per unit was payable if redemption or switches occurred within 12 months from the date of allotment. As per the revision, 0.25% per unit will be payable if redemption or switch out happens within a month from the date of allotment. Previously, no exit load was payable if units were redeemed or switched out after 12 months from the date of allotment. According to the revised version, no exit load is payable if units are redeemed or switched out after a month from the date of allotment.