Peerless Mutual Fund introduces an exit load revision of 1% for 9 months effective from July 23rd, 2012 in the Peerless Short Term Fund.
On the announcement of the dividend, Mr. Akshay Gupta, Managing Director & CEO of Peerless Funds Management Company Ltd said, “We at Peerless Mutual Fund believe in listening and take every feedback seriously. The change in Exit Load of Short Term Fund encourages long term investment”.
The fund aims to generate income and capital appreciation by investing in both debt and money market securities.