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Tuesday, January 06, 2009

Escorts MF revises exit load structure

With effect from 10 January 2009

Escorts Mutual Fund has announced revision of load structure for Escorts Growth Plan, Escorts High Yield Equity Plan, Escorts Leading Sectors Fund, and Escorts Power & Energy Fund. The changes in load structure will be implied from 10 January 2009.

For all the above mentioned schemes, 2.25% will be charged as an entry load.

If the amount is withdrawn within 6 months from the date of investment, 1% will be the exit load while 0.50% will be the exit load if the amount is withdrawn after 6 months and up to 1 year.

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