DHFL Pramerica Mutual Fund to start levying exit load on short-maturity fund

Unit holders redeeming the units of the scheme before six months from the date of allotment will have to pay an exit fee of 0.50 percent

January 30, 2018 / 13:25 IST

DHFL Pramerica Mutual Fund will introduce an exit load of 0.5 percent on DHFL Pramerica Short Maturity Fund, with effect from Feb 1, the fund house said in a newspaper notice.

Unit holders redeeming the units of the scheme before six months from the date of allotment will have to pay an exit fee of 0.50 percent.

Currently, no exit load is levied on the open-ended debt scheme.

first published: Jan 30, 2018 01:25 pm

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