Monday, November 3, 2008

Minimum Amount For Application Wholesale Plan Of HDFC - Nov 03, 2008

HDFC Mutual Fund has revised exit load and minimum amount for application for wholesale plan of HDFC Fixed Maturity Plans-Series IX- 370D November 2008 (1) for all applications received during new fund offer period from 3 November to 6 November 2008. HDFC Fixed Maturity Plans- IX-370 Days November 2008 (1) is a close-ended income scheme. In respect of each purchase/switch-in of units, 3.00% will be an exit load if units are redeemed/switched-out before maturity date.

No exit load is levied on redemptions on maturity. Before revision, exit load was 1.50% in respect of each purchase/switch-in of units, if units are redeemed/switched-out before maturity date. No exit load is levied on redemptions on maturity.

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