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Friday, August 21, 2009

AIG MF Revises Exit Load Structure

With effect from 24 August 2009

AIG Mutual Fund has decided to revise the exit load structure for various schemes as given below, with effect from 24 August 2009.

AIG India Equity Fund, AIG Infrastructure and Economic Reform Fund & AIG World Gold Fund:

The exit load charge will be 1.00% of the applicable NAV if redeemed within 1 year from the date of allotment.

The exit load charge for AIG India Equity Fund, AIG Infrastructure and Economic Reform Fund is for regular plan (including Systematic Investment Plan (SIP) / Micro SIP / Systematic Transfer Plan (STP) and institutional plan.

The exit load charge for AIG World Gold Fund includes for SIP/Micro SIP/STP.

AIG Short Term Fund:

The exit load charge for retail plan and institutional plan is 0.25% if redeemed within 15 days.

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