Sahara Mutual Fund Revises Shipment Structure - August 01, 2009

Sahara Mutual Fund has decided to revise the entry and exit load structure of various schemes of the fund house, with effect from 1 August 2009. Entry Load: Entry load for all existing open ended schemes of the fund house shall be Nil.

Exit Load: The fund house has revised the entry load for Sahara Growth Fund, Sahara Infrastructure Fund, Sahara Wealth Plus Fund, Sahara Power & Natural Resources Fund, Sahara Tax Gain Fund, Sahara Banking and Financial Services Fund, Sahara Midcap Fund, Sahara super 20 Fund (post unit allotment).

An exit load of 1% will be charged, if redeemed on or before 36 months and the entry load will be nil, if redeemed after 36 months.

Out of the exit load, contingent deferred sales charge (CDSC) up to 1% of the redemption value changed to the unit holder by the fund on redemption of units shall be retained by each of the schemes/plans in a separate account and will be utilized for payment of commissions and to meet other marketing and selling expenses.

Any amount in excess of 1% of the redemption value charged to the unit holder as exit load shall be credited to the respective scheme/plan immediately.

LIC Mutual Fund Modify Mountain Structure - August 01, 2009

LIC Mutual Fund has decided to revise the entry and exit load structure of all the schemes of the fund house, with effect from 1 August 2009. Entry Load: Accordingly, no entry load will be charged for purchase/additional purchase/switch-in accepted by the fund. Similarly, no entry load will be charged with respect to applications for registrations under systematic investment plans/systematic transfer plans accepted by the fund.

The upfront commission on investment made by the investor, if any, shall be paid to the ARN Holder directly by the investor, based on the investor's assessment of various factors including services rendered by the ARN Holder.

Exit Load: The scheme will charge an exit load up to 1% of the redemption value changed to the unit holder by the fund on redemption of units shall be retained by each of the schemes/plans in a separate account and will be utilized for payment of commissions to the ARN holders and meet other marketing and selling expenses.

Any amount in excess of 1% of the redemption value charged to the unit holder as exit load shall be credited to the respective scheme immediately.

Edelweiss Mutual Fund Announces Change In Load Structure - August 01, 2009

Edelweiss Mutual Fund has announced change in exit and entry load for its new Plan A, Plan B and Plan C in Edelweiss Nifty Enhancer Fund, with effect from 1 August 2009. Entry Load: The entry load will be nil for Plan A, Plan B and Plan C. Exit Load: For Plan A, an exit load of 1.00% will be charged upto 365 days, from 365 days upto 1095 days, the exit load charge will be 0.75% and the exit load will be nil for 1096 days and above.

For Plan B, an exit load of 1.00% will be charged upto 180 days, from 181days upto 365 days, the exit load charge will be 0.50% and the exit load will be nil for 365 days and above.

For Plan C, an exit load of 1.00% will be charged upto 180 days, from 181days upto 365 days, the exit load charge will be 0.75%, from 366 days upto 545 days, the exit load charge will be 0.50%, from 546 days upto 730 days, the exit load charge will be 0.25% and nil for 366 days and above.

Expiry day trigger load: For Plan A, 0.50% will be charged upto 1095 days and the charge will be nil for 1096 days and above.

For Plan B, 0.50% will be charged upto 180 days and the charge will be nil for 181 days and above.

For Plan C, 0.50% will be charged upto 365 days and the charge will be nil for 366 days and above.