Would the entry load on a switch transaction be waived off in case it is routed directly, even if the transferee scheme attracts entry load?
Any transaction routed directly, i.e. without a broker, would not attract any entry load. • Will I be charged an entry load for my existing SIPs / STPs registered before January 4, 2007, which were routed directly? No entry load will be applicable for the installments falling on or after 04th January 2008 for SIP / STP routed directly, i.e. without a broker. Units will be allotted for the entire amount of redemption. • For my existing SIP / STP can I change my broker code to ‘DIRECT’ for future installments? Yes. A written request has to be given by the investor(s), depending on the mode of holding, for change of broker to ‘DIRECT’. For all the future installments the entry load will be waived off. However, the request should be submitted at least 10 days before the next SIP / STP date. • Is there any waiver of exit loads in the equity schemes? There is no change in the exit load provisions. • If I have an existing investment routed through a broker in a folio, will I be charged entry
Any transaction routed directly, i.e. without a broker, would not attract any entry load. • Will I be charged an entry load for my existing SIPs / STPs registered before January 4, 2007, which were routed directly? No entry load will be applicable for the installments falling on or after 04th January 2008 for SIP / STP routed directly, i.e. without a broker. Units will be allotted for the entire amount of redemption. • For my existing SIP / STP can I change my broker code to ‘DIRECT’ for future installments? Yes. A written request has to be given by the investor(s), depending on the mode of holding, for change of broker to ‘DIRECT’. For all the future installments the entry load will be waived off. However, the request should be submitted at least 10 days before the next SIP / STP date. • Is there any waiver of exit loads in the equity schemes? There is no change in the exit load provisions. • If I have an existing investment routed through a broker in a folio, will I be charged entry
Related Questions
- Would the entry load on a switch transaction be waived off in case it is routed directly, even if the transferee scheme attracts entry load?
- If I invest through HDFCMFOnline, will I be charged entry load on my purchase / switch transaction?
- Can the indicator on the remote switch turn on and off with the load?
