IDFC MF introduces exit load IDFC GSF ST Plan A

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Updated: 06/11/2008 | 12:00 AM IST

Mutual fund

IDFC MF introduces exit load IDFC-GSF-ST -Plan A

Capital Market

Thursday, November 06, 2008 (New Delhi)

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IDFC Mutual Fund has introduced exit load in Plan A of IDFC Government Securities Fund-Short Term Plan (IDFC-GSF-ST) with effect from 10 November 2008. The scheme will charge 0.25% of NAV on investors who purchase/switch in and seek to redeem/switch out such units within 15 days from the date of effecting such purchase/switch in Plan A (Regular Plan). Investors opting for PEP/Dividend reinvestment option/SWP or switch between options will not be levied an exit load.

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