August 1, 2019 Voya Series Fund, Inc. 7337 East Doubletree Ranch Road Suite 100 Scottsdale, AZ 85258

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Xxxx Series Fund, Inc.
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Re: Money Market Fund Expense Limitation Agreement for Voya Government Money Market Fund (formerly, Voya Money Market Fund)

Ladies and Gentlemen:

In accordance with the Money Market Fund Expense Limitation Agreement between Voya Investments, LLC (the “Investment Manager”); Voya Investments Distributor, LLC (the “Distributor”); and Voya Series Fund, Inc. (the “Registrant”), on behalf of Voya Government Money Market Fund (the “Fund”), a series of the Registrant, dated January 1, 2016 (the “Money Market Fund Expense Limitation Agreement”), the Distributor and the Investment Manager have contractually agreed to waive a portion of their distribution and/or shareholder servicing fees and advisory fees, as applicable, and to reimburse certain expenses of the Registrant to the extent necessary to assist the Fund in maintaining a yield of not less than zero.

By our execution of this letter agreement, intending to be legally bound hereby, the Distributor and the Investment Manager agree, from August 1, 2019 through August 1, 2020, to waive a portion of their distribution and/or shareholder servicing fees and advisory fees, as applicable, and to reimburse certain expenses of the Fund to the extent necessary to assist the Fund in maintaining a yield of not less than zero.  Upon your acceptance, the Money Market Fund Expense Limitation Agreement will be modified to give effect to the foregoing by amending the Amended Schedule A of the Money Market Fund Expense Limitation Agreement.  The Amended Schedule A is attached hereto.

Notwithstanding the foregoing, termination or modification of this letter requires approval by the Board of Directors of Voya Series Fund, Inc.

REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK

Please indicate your agreement to this term extension by executing below in the place indicated.

This letter agreement shall terminate upon termination of the Money Market Fund Expense Limitation Agreement.

	VOYA INVESTMENTS, LLC
	By:	/s/ Xxxx Xxxxx
		Xxxx Xxxxx
		Senior Vice President
	VOYA INVESTMENTS DISTRIBUTOR, LLC
	By:	/s/ Xxxxxx X. Xxxxxxxxx
		Xxxxxx X. Xxxxxxxxx
		Vice President

Agreed and Accepted:

VOYA SERIES FUND, INC.

By:	/s/ Xxxxxxxx X. Xxxxxxxx
	Xxxxxxxx X. Xxxxxxxx
	Senior Vice President

2

AMENDED SCHEDULE A

to the

MONEY MARKET FUND EXPENSE LIMITATION AGREEMENT

VOYA SERIES FUND, INC.

OPERATING EXPENSE LIMITS

Name of Fund		Expiration of Term of Money Market Fund Expense Limitation Agreement
Voya Government Money Market Fund (formerly, Voya Money Market Fund)		Term Expires August 1, 2020

/s/ HE

HE

Date Last Amended: August 1, 2019