Moneycontrol
Apr 11, 2015 01:42 PM IST | Source: Moneycontrol.com

Edelweiss MF announces change in exit load under 2 schemes

Edelweiss Mutual Fund announces change in exit load structure under Edelweiss Diversified Growth Equity Top 100 (E.D.G.E. Top 100) Fund and Edelweiss Select Midcap Fund, with effect from April 10, 2015.

Edelweiss MF announces change in exit load under 2 schemes

Edelweiss Mutual Fund has announced change in exit load structure under Edelweiss Diversified Growth Equity Top 100 (E.D.G.E. Top 100) Fund and Edelweiss Select Midcap Fund, with effect from April 10, 2015.


Accordingly, the revised exit load will be 1% if the units are redeemed/switched-out on or before 365 days from the date of allotment.


If the units are redeemed / switched-out after 365 days from the date of allotment, the revised exit load structure will be nil.

The revised exit load as mentioned hereinabove shall be applicable on a prospective basis in respect of subscriptions in the scheme on and after the effective date.

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