Change in Exit Load under IDFC MIP

IDFC Mutual Fund has announced a revision in exit load under IDFC Monthly Income Plan (IDFC MIP), with effect from January 7, 2011.

Now, exit load will be 1 per cent if redeemed within 1 year from the date of subscription.
Earlier exit load used to be 1.50 per cent if redeemed within 18 months from the date of subscription.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd