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Saturday, April 11, 2015

Indiabulls Mutual Fund Announces Change In Exit Load Structure Under Two Schemes

With effect from 13 April 2015

Indiabulls Mutual Fund has announced change in exit load under Indiabulls Income Fund (an open ended debt scheme) and Indiabulls Gilt Fund (an open ended gilt scheme), with effect from 13 April 2015. 

Accordingly the revised exit load will be: 

If redeemed / switched out within 1 year from the date of allotment, the exit load will be 1% and if redeemed / switched out after 1 year from the date of allotment, the exit load will be Nil.
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