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Tata Mutual Fund revises exit load structure for dynamic bond fund

Revision in exit load will be applicable to lump-sum subscriptions, and subscriptions under SIP and STP

November 16, 2017 / 10:54 IST

Tata Mutual Fund has revised the exit load structure for Tata Dynamic Bond Fund from November 15 the fund house said in a notice today.

The bond fund will levy an exit load of 0.50 percent if investments are redeemed or switched-out within 30 days from the date of allotment instead of the 180-days earlier.

The revision in exit load will be applicable to lump-sum subscriptions, and subscriptions under systematic investment plans and systematic transfer plans.

All other features of the schemes will remain unchanged.

first published: Nov 16, 2017 10:54 am

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