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HDFC Core & Satellite Fund announces change in exit load

HDFC Core & Satellite Fund announces change in exit load structure, with effect from December 01, 2014.

November 20, 2014 / 06:49 PM IST

HDFC Mutual Fund has announced change in exit load structure under HDFC Core & Satellite Fund, open-ended growth scheme with effect from December 01, 2014.


Accordingly, in respect of each purchase / switch-in of units, an exit load of 3% is payable if units are redeemed / switched-out within 12 months from the date of allotment.


In respect of each purchase / switch-in of units, an exit load of 2% is payable if units are redeemed / switched-out after 12 months but within 24 months from the date of allotment.


In respect of each purchase / switch-in of units, an exit load of 1% is payable if units are redeemed / switched-out after 24 months but within 36 months from the date of allotment.

No exit load is payable if units are redeemed / switched-out after 36 months from the date of allotment.

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first published: Nov 20, 2014 06:49 pm

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