With effect from 16 August 2016
L&T Mutual Fund has announced a new facility namely Money-Back facility will be introduced under L&T India Prudence Fund, L&T Dynamic Equity Fund, L&T Equity Savings Fund, L&T Monthly Income Plan, L&T Income Opportunities Fund and L&T Short Term Income Fund, with effect from 16 August 2016.
The new facility under the schemes of the fund will allow investors to redeem a fixed sum of money periodically at the prevailing NAV depending on the option chosen by the investor.
L&T Mutual Fund has announced a new facility namely Money-Back facility will be introduced under L&T India Prudence Fund, L&T Dynamic Equity Fund, L&T Equity Savings Fund, L&T Monthly Income Plan, L&T Income Opportunities Fund and L&T Short Term Income Fund, with effect from 16 August 2016.
The new facility under the schemes of the fund will allow investors to redeem a fixed sum of money periodically at the prevailing NAV depending on the option chosen by the investor.