L&T Mutual Fund has announced change in exit load structure under the following schemes, with effect from 10 June 2020
Accordingly, the revised exit load will be:
L&T Nifty 50 Index Fund & L&T Nifty Next 50 Index Fund:
If the units redeemed or switched out are upto 10% of the units purchased or switched in (the limit) within 1 month from the date of allotment – Nil
If units redeemed or switched out are over and above the limits within 1 month from the date of allotment – 1 % of Applicable NAV
If units are redeemed or switched out on or after 1 month from the date of allotment - Nil
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