Reliance Mutual Fund has announced change in exit load structure under Reliance Dynamic Bond Fund, with effect from 15 December 2014.
Accordingly the revised exit load will be:
If units is redeemed or switched out on or before completion of 12 months from the date of allotment of units, the exit load will be 1% of applicable NAV.
If units is redeemed or switched out after 12 months from the date of allotment of units, the exit load will be Nil.