SHRIRAM MUTUAL FUND ANNOUNCES CHANGE IN EXIT LOAD STRUCTURE
Published on Sep 05, 2023 10:17
Shriram Mutual Fund has announced that the exit load of the following Schemes will be revised as under with effect from September 06, 2023 (�Effective Date�):
Change in Exit Load:
Name of the Scheme | Existing Exit Load | Revised Exit Load |
---|---|---|
Shriram Aggressive Hybrid Fund | If redeemed / switched-out within 365 days from the date of allotment: For 12% of units: Nil More than 12% of units: 1% of applicable Net Asset Value (NAV). If redeemed/switched out after 365 days from the date of allotment: Nil | If redeemed / switched-out within 90 days from the date of allotment: Upto 12% of units: Nil More than 12% of units: 1% of applicable Net Asset Value (NAV). If redeemed/switched-out after 90 days from the date of allotment: Nil |
Shriram Flexi Cap Fund | For exit within 365 days from the date of allotment - 1% of applicable Net Asset value (NAV) & For exit after 365 days from the date of allotment - Nil | If redeemed / switched-out within 90 days from the date of allotment: Upto 12% of units: Nil More than 12% of units: 1% of applicable Net Asset Value (NAV). If redeemed/switched-out after 90 days from the date of allotment: Nil |
Shriram Balanced Advantage Fund | If redeemed / switched-out within 365 days from the date of allotment: Upto 12% of units held by the investor: Nil, More than 12% of units held by the investor: 1% of applicable Net Asset Value (NAV) If redeemed/switched out after 365 days from the date of allotment: Nil | If redeemed / switched-out within 90 days from the date of allotment: Upto 12% of units: Nil More than 12% of units: 1% of applicable Net Asset Value (NAV). If redeemed/switched-out after 90 days from the date of allotment: Nil |
Shriram Multi Asset Allocation Fund | 1% of the applicable NAV, if redeemed/ switched-out within 1 year from the date of allotment. | If redeemed / switched-out within 90 days from the date of allotment: Upto 12% of units: Nil More than 12% of units: 1% of applicable Net Asset Value (NAV). If redeemed/switched-out after 90 days from the date of allotment: Nil |
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