IDFC Mutual Fund has approved revision of exit load structure in IDFC Super Saver Income Fund-Short Term-Plan A, IDFC Super Saver Income Fund-Short Term-Plan C, IDFC Super Saver Income Fund-Investment Plan-Plan A, IDFC Super Saver Income Fund-Investment Plan-Plan C and IDFC Government Securities Fund-Short Term Plan-Plan A with effect from 6 July 2009.
The revised exit load: IDFC Super Saver Income Fund-Short Term-Plan A: 0.50% of NAV shall be applicable in case of investors who purchase/switch in amounts less than or equal to Rs 1 crore and redeem/switch out such investments within 6 months such from the date of effecting such purchase/switch.
Investors opting for PEP/Dividend reinvestment option/SWP or switch between options within the plan will not be levied an exit load, no exit load shall be applicable in case of purchases/switch ins of amounts shall be applicable in case of purchase/switch ins of amounts greater than Rs 1 crore whether redeemed partly or fully.
IDFC Super Saver Income Fund-Short Term-Plan C: Nil
IDFC Super Saver Income Fund-Investment Plan-Plan A: 1.25% of NAV shall be applicable in case of investors who purchase/switch in amounts less than or equal to Rs 1 crore and redeem/switch out such investments within 1 year from the date of effecting such purchase/switch in.
Investors option for PEP/dividend reinvestment option/SWP or switch between options within the plan will not be levied an exit load.
No exit laod shall be applicable in case of purchase/switch ins of amount greater than Rs 1 crore whether redeem partly or fully.
IDFC Super Saver Income Fund-Investment Plan-Plan C: Nil
IDFC Government Securities Fund-Short Term Plan-Plan A: 0.25% of NAV on investors who purchase/switch in and seek to redeem/switch out such units within 30 days from the date of effecting such purchase/switch in.
Investor opting for PEP/dividend reinvestment option/SWP or switch between options will not be levied an exit load.
The revised exit load: IDFC Super Saver Income Fund-Short Term-Plan A: 0.50% of NAV shall be applicable in case of investors who purchase/switch in amounts less than or equal to Rs 1 crore and redeem/switch out such investments within 6 months such from the date of effecting such purchase/switch.
Investors opting for PEP/Dividend reinvestment option/SWP or switch between options within the plan will not be levied an exit load, no exit load shall be applicable in case of purchases/switch ins of amounts shall be applicable in case of purchase/switch ins of amounts greater than Rs 1 crore whether redeemed partly or fully.
IDFC Super Saver Income Fund-Short Term-Plan C: Nil
IDFC Super Saver Income Fund-Investment Plan-Plan A: 1.25% of NAV shall be applicable in case of investors who purchase/switch in amounts less than or equal to Rs 1 crore and redeem/switch out such investments within 1 year from the date of effecting such purchase/switch in.
Investors option for PEP/dividend reinvestment option/SWP or switch between options within the plan will not be levied an exit load.
No exit laod shall be applicable in case of purchase/switch ins of amount greater than Rs 1 crore whether redeem partly or fully.
IDFC Super Saver Income Fund-Investment Plan-Plan C: Nil
IDFC Government Securities Fund-Short Term Plan-Plan A: 0.25% of NAV on investors who purchase/switch in and seek to redeem/switch out such units within 30 days from the date of effecting such purchase/switch in.
Investor opting for PEP/dividend reinvestment option/SWP or switch between options will not be levied an exit load.
