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Wednesday, May 20, 2015

L&T Floating Rate Fund Announces Change In Exit Load Structure

With effect from 21 May 2015 

L&T Mutual Fund has announced change in exit load structure under L&T Floating Rate Fund, with effect from 21 May 2015. 

Accordingly the revised exit load will be: 

If units are redeemed within 60 days from the date of allotment or purchase applying first in first out basis, the exit load will be 0.50% 

No exit load is payable if units are redeemed after 60 days from the date of allotment or purchase applying first in first out basis. 
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