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Mutual Fund Review: HDFC MF Monthly Income Plan - Short Term Plan

Objective
To regular returns through investment primarily in Debt and Money Market Instruments. The secondary objective of the Scheme is to generate long-term capital appreciation by investing a portion of the Scheme's assets in equity and equity related instruments

Option/Plan
Growth Option,Quarterly Dividend Option,Monthly Dividend Option. The Dividend Option offers Dividend Payout and Reinvestment Facility.

Exit Load (as a % of the Applicable NAV)
In respect of each purchase / switch-in of Units upto and including Rs. 10 lakhs in value, an Exit Load of 0.50% is payable if Units are redeemed / switched-out within 6 months from the date of allotment.
In respect of each purchase / switch-in of Units greater than Rs. 10 lakhs in value, an Exit Load of 0.25% is payable if Units are redeemed / switched-out within 3 months from the date of allotment.

Minimum Application Amount
For new investors : (Growth & Quarterly Dividend Option) – Rs.5000 and any amount thereafter under each option.
(Monthly Dividend Option) . Rs. 25000 and any amount thereafter.
For existing investors : Rs. 1000 and any amount thereafter.

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