HDFC Equity Savings Fund Announces change in Exit Load Structure

Published on Sep 12, 2023 09:16

HDFC Mutual Fund has announced change in exit load structure under HDFC Equity Savings Fund , with effect from September 13, 2023:

Change in Exit Load:

Name of the Scheme	Existing Exit Load	Revised Exit Load
HDFC Equity Savings Fund	� In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed without any exit load from the date of allotment. However, please note that the Units will be redeemed on First In First Out (FIFO) basis. � Any redemption in excess of the above limit shall be subject to the following exit load: o Exit Load of 1.00% is payable if Units are redeemed / switched-out within 3 months from the date of allotment of units. � No Exit Load is payable if Units are redeemed / switched-out after 3 months from the date of allotment.	� In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed without any exit load from the date of allotment. However, please note that the Units will be redeemed on First In First Out (FIFO) basis. � Any redemption in excess of the above limit shall be subject to the following exit load: o Exit Load of 1.00% is payable if Units are redeemed / switched-out within 1 month from the date of allotment of units. � No Exit Load is payable if Units are redeemed / switched-out after 1 month from the date of allotment.

Name of the Scheme

Existing Exit Load

Revised Exit Load

HDFC Equity Savings Fund

� In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed without any exit load from the date of allotment. However, please note that the Units will be redeemed on First In First Out (FIFO) basis.

� Any redemption in excess of the above limit shall be subject to the following exit load: o Exit Load of 1.00% is payable if Units are redeemed / switched-out within 3 months from the date of allotment of units.

� No Exit Load is payable if Units are redeemed / switched-out after 3 months from the date of allotment.

� Any redemption in excess of the above limit shall be subject to the following exit load: o Exit Load of 1.00% is payable if Units are redeemed / switched-out within 1 month from the date of allotment of units.

� No Exit Load is payable if Units are redeemed / switched-out after 1 month from the date of allotment.