DSP BlackRock Mutual Fund has announced the revision of exit load of DSP BlackRock Government Securities Fund - Plan A and the changes are effective on a prospective basis for all the investments made on or after January 15, 2009.
However, as per revision, 1% will be the exit load for application amount less than Rs 50 lakh and exits within 6 months from the date of allotment, while on the other hand, no exit load will be applicable for redemption after 6 months. In line with this, no exit load will be charged for investment amount greater than or equal to Rs 50 lakh.
Presently, it does not charge exit load.
However, as per revision, 1% will be the exit load for application amount less than Rs 50 lakh and exits within 6 months from the date of allotment, while on the other hand, no exit load will be applicable for redemption after 6 months. In line with this, no exit load will be charged for investment amount greater than or equal to Rs 50 lakh.
Presently, it does not charge exit load.
No comments:
Post a Comment