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Friday, May 01, 2015

Pramerica MF Announces Change in exit load structure under its schemes

With effect from 04 May 2015 

Pramerica Mutual Fund has announced change in exit load structure under the following schemes, with effect from 04 May 2015. 

Accordingly, the revised exit load structure will be: 

Pramerica Short Term Income Fund: 

If redeemed/switched-out on or before 90 days from the date of allotment – 0.30%
If redeemed/switched-out after 90 days from the date of allotment – Nil 

Pramerica Treasury Advantage Fund: 

If redeemed/switched-out on or before 270 days from the date of allotment – 0.75%
If redeemed/switched-out after 270 days from the date of allotment – Nil 

Pramerica Credit Opportunities Fund:

If redeemed/switched-out on or before 365 days from the date of allotment – 2%
If redeemed/switched-out after 365 days from the date of allotment – Nil 

The aforesaid changes in load structure shall be applicable for all prospective investments scheme effective 04 May 2015. Investments made prior to 04 May 2015 would continue to attract the load structure which was applicable at the time of investment. 
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