L&T Mutual Fund has revised the exit load of L&T Nifty 50 Index Fund and L&T Nifty Next 50 Index Fund
Jun 08 2020
News Category: AMC Specific Updates
L&T Mutual Fund has revised the exit load of L&T Nifty 50 Index Fund and L&T Nifty Next 50 Index Fund. Accordingly, no exit load will b charged If the units redeemed or switched out are upto 10% of the units purchased or switched in within 1 Month from the date of allotment. If units redeemed or switched out are over and above 10% limit within 1 month from the date of allotment, exit load shall be 1% of the applicable NAV. Further, exit load shall be nil If units redeemed or switched out on or after 1 month from the date of allotment. The change is effective from Jun 10.