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    HomeNewsBusinessMutual FundsIDFC Nifty Fund revise exit load

    IDFC Nifty Fund revise exit load

    IDFC Mutual Fund has announced the revision of exit load structure for IDFC Nifty Fund with effect from January 14, 2011.

    January 15, 2011 / 12:38 IST

    IDFC Mutual Fund has announced the revision of exit load structure for IDFC Nifty Fund with effect from January 14, 2011.


    Accordingly, the scheme whill charge an exit load of 1% of the applicable NAV for all investment including SIP/Micro SIP/STP if switched / redeemed out within seven days from the date of allotment.


    IDFC Nifty Fund is an open ended index linked scheme.  The investment objective of the scheme is to replicate the S&P CNX Nifty index by investing in securities of the S&P CNX Nifty Index in the same proportion/weightage.

    For more Mutual Fund News click here

    first published: Jan 14, 2011 12:36 pm

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