MUMBAI: Escorts Mutual Fund has
revised exit load in Escorts Income Bond Fund and Escorts Gilt Plan with effect from April 15, 2011. The fund house will charge 1 per cent as exit
load if units are redeemed within 1 year from the date of allotment in Escorts Income Bond Fund. Escorts
Gilt Plan will not charge any exit load.
Earlier, both the schemes charged 0.50 per cent as exit load if
units were redeemed within 6 months from the date of allotment. Both the
schemes are managed by Sanjeev Sharma.