Tata Mutual Fund has announced change in exit load under Tata Ethical Fund and Tata Short Term Bond Fund, with effect from 01 October 2014.
Accordingly the revised exit load will be:
Tata Ethical Fund: If redeemed on or before 540 days from the date of allotment, the exit load will be 1.00%.
Tata Short Term Bond Fund: If redeemed on or before expiry of 90 days from the date of allotment, the exit load will be 0.50%.