IDFC MF revise exit load for Super Saver Income-Medium Term

Published on Fri, Feb 03, 2012 at 15:16 |  Source : Moneycontrol.com

Updated at Fri, Feb 03, 2012 at 15:20  

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IDFC MF revise exit load for Super Saver Income-Medium Term

IDFC Mutual Fund has decided to revise the exit load structure under IDFC Super Saver Income Fund - Medium Term with effect from February 6, 2012.

Accordingly, the exit load charge will be 0.60% of applicable NAV to the investors who purchase / switch and seek to redeem / switch out such investments within nine months from the date of effecting such purchase / switch in. Investors opting for PEP / Dividend reinvestment option / SWP or switch between options within the plan will not be levied an exit load.

IDFC Super Saver Income Fund - Medium Term is an open-ended debt scheme. The objective of the scheme seeks to generate stable returns with a low risk strategy by investing in good quality fixed income securities and money market securities.

 

 

  

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