IDFC Mutual Fund has waived exit load under IDFC Government Securities Fund – Investment Plan
Mumbai:
IDFC Mutual Fund has revised the exit load structure under IDFC Government
Securities Fund –Investment Plan with effect from July 15, 2011. After the
revision, the scheme will not charge any exit load. Currently, the scheme
charges 1 per cent as exit load, if units are redeemed within 365 days from the
date of allotment.
IDFC Government
Securities Fund – Investment Plan is an open ended gilt fund with the
investment objective to generate optimal returns with high liquidity by
investing in Government Securities. The
scheme is managed by Suyash Choudhary and is benchmarked against ISEC Composite
Index.
