Nifty  24834.85  428.75  (1.76%)

Sensex  81332.72  1,292.92  (1.62%)

USDINR  83.73  -0.01  (-0.01%)

Mirae Asset Mutual Fund announces change in Exit Load Structure
(12:05, 25 Jul 2024)
Mirae Asset Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 31 July 2024

Change in Exit Load:

Name of the Scheme Existing exit load Revised exit load
Mirae Asset Multi Asset Allocation Fund If redeemed within 1 year (365 days) from the date of allotment: 1% If redeemed after 1 year (365 days) from the date of allotment: NIL. I. For investors who have opted for SWP under the plan:
a) 15% of the units allotted (including Switch-in/STP - in) on or before completion of 365 days from the date of allotment of units: NIL
b) Any redemption in excess of such limits in the first 365 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO):
' If redeemed within 1 year (365 days) from the date of allotment: 1%.
' If redeemed after 1 year (365 days) from the date of allotment: NIL.
II.Other Redemptions: For Investors who have not opted for SWP under the plan: For all other redemption(s) (including Switch out, STP out):
' If redeemed within 1 year (365 days) from the date of allotment: 1%
' If redeemed after 1 year (365 days) from the date of allotment: NIL

Powered by Capital Market - Live News