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Wednesday, February 11, 2015

BNP Paribas Monthly Income Plan Announces Change in Exit Load Structure

With effect from 13 February 2015 

BNP Paribas Mutual Fund has announced that with effect from 13 February 2015 the load structure of BNP Paribas Monthly Income Plan, an open ended income scheme shall be as follows for prospective investments: 

If redeemed/switched-out within 6 months from the date of allotment of units, the exit load will be 1%. 

If redeemed/switched-out after 6 months from the date of allotment of units, the exit load will be Nil.
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