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Tuesday, December 30, 2014

L&T MF Announces Change In Exit Load Structure Under Three Schemes

With effect from 01 January 2015

L&T Mutual Fund has announced change in exit load structure under L&T India Large Cap Fund, L&T India Value Fund and L&T Infrastructure Fund, with effect from 01 January 2015. 

Accordingly, the revised exit load structure will be: 

If redeemed within 1 year from the date of allotment or purchase applying first in First in First out basis: 2% of applicable NAV. 

If redeemed after 1 year but on or before 2 years from the date of allotment or purchase applying First in First out basis: 1% of applicable NAV. 

If redeemed after 2 years from the date of allotment or purchase applying First in First out basis: Nil. 
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