Mahindra Mutual Fund revises exit load structure of Mahindra Mutual Fund Dhan Sanchay Yojana
Jun 08 2017
News Category: Exit Load Change
Mahindra Mutual Fund has revised the exit load structure of Mahindra Mutual Fund Dhan Sanchay Yojana, effective from Jun 9, 2017. According to the new structure, 10% of the units allotted will be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. In case of redemption in excess of the aforesaid limit, an exit load of 1% is payable if units are redeemed or switched out on or before completion of 12 months from the date of allotment of units, while nothing will be charged if units are redeemed or switched out after completion of 12 months from the date of allotment of units.