IDFC MF announces change in exit load under its two schemes

IDFC Mutual Fund announces change in exit load structure under IDFC Super Saver Income Fund – Investment Plan and IDFC Dynamic Equity Fund, with effect from August 04, 2015.

August 03, 2015 / 10:20 AM IST
IDFC Mutual Fund has announced change in exit load structure under IDFC Super Saver Income Fund – Investment Plan and IDFC Dynamic Equity Fund, with effect from August 04, 2015.

According, the revised exit load will be:

IDFC Super Saver Income Fund - Investment Plan:

In respect of each purchase of units if redeemed / switched out within 365 days from the date of allotment:

- For 10% of investment: Nil

- For remaining investment: 1%

If redeemed / switched out after 365 months from the date of allotment: Nil.

IDFC Dynamic Equity Fund:

In respect of each purchase of units if redeemed / switched out within 18 months from the date of allotment:

- For 10% of investment: Nil

- For remaining investment: 1.5%

If redeemed / switched out after 18 months from the date of allotment: Nil.
first published: Aug 3, 2015 10:20 am

stay updated

Get Daily News on your Browser
Sections