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Wednesday, April 01, 2009

Tata Treasury Manager Fund waives exit load

With effect from 2 April 2009

Tata Mutual Fund has announced the revision of exit load for Tata Treasury Manager Fund, an open-ended debt fund with effect from 2 April 2009.

Accordingly, the fund will not charge an exit load. Earlier, the scheme charged 3% as an exit load if redeemed on or before expiry of 3 months from the date of allotment.

Tata Treasury Manager Fund aims to generate reasonable returns along with liquidity by investing predominantly in a portfolio of money market and short-term debt instruments

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