MUTUAL FUNDS
HDFC AMC announces Discontinuation of Payment of Transaction Charges to Distributors
May-08-2025

HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Documents (SIDs) / Key Information Memorandums (KIMs) of cum Application forms of all the Schemes and Statement of Additional Information (SAI) of HDFC Mutual Fund.

HDFC Mutual Fund has informed that the AMC has decided to discontinue payment of transaction charges to distributors with effect from May 10, 2025 (‘Effective Date’). Hence, no transaction charges shall be deducted from the subscription amount for transactions /applications received through the distributors (i.e. in Regular Plan) on or after the Effective Date. 

Accordingly, all the provisions related to ‘Transaction Charges’ stand deleted from SIDs/ KIMs (including application forms) of the Schemes & SAI of the Fund from the Effective Date.

For existing Systematic Investment Plan(s), where one or more installments of Transaction Charges are pending to be deducted, the deduction of such pending installments shall also be discontinued from the Effective Date. 

This addendum forms an integral part of the SIDs, KIMs of all the Schemes and SAI as amended from time to time.


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