HDFC Mutual Fund has decided to change the exit load structure
Jun 12 2018
News Category: Exit Load Change
HDFC Mutual Fund has decided to change the exit load structure of HDFC Multi Asset Fund and accordingly, 15% of the units (‘the limit’) may be redeemed without any exit load from the date of allotment and exit load of 1.00% is payable if units are redeemed within 12 months from the date of allotment above the limit. No exit load is payable if units are redeemed after 12 months from the date of allotment. It has also changed the exit load structure of HDFC Retirement Savings Fund and no exit load will be charged upon completion of the lock-in period. The change would become effective from Jun 15, 2018.