IDFC Mutual Fund has waived exit load under IDFC Liquid Fund
Mumbai: IDFC Mutual Fund has revised the exit load structure under IDFC Liquid Fund with effect from September 26, 2011. After the revision, scheme will not charge any exit load. Currently, the scheme charges 0.50 per cent as exit load, if units are redeemed within 31 days from date of allotment.
IDFC MF also decided to withdraw the maximum subscription amount under IDFC Liquid Fund with effect from September 26, 2011.
