L&T Mutual Fund revises exit load of L&T Triple Ace Bond Fund and L&T Low Duration Fund
Dec 19 2018
News Category: Exit Load Change
L&T Mutual Fund has revised the exit load of L&T Triple Ace Bond Fund and L&T Low Duration Fund. In case of L&T Triple Ace Bond Fund, exit load of 0.5% will be charged if the amount sought to be redeemed or switched out is invested for a period of up to 3 months from the date of allotment. For L&T Low Duration Fund, an exit load of 1% will be levied if units redeemed or switched out are over and above the limit of 10% of the units purchased or switched in within 3 months from the date of allotment.