L&T MF has decided to revise the exit load structure under L&T Triple Ace Fund (including SIP/STP/SWP). The changes will be effective from July 24, 2012.
Accordingly, the exit load charge will be 1.50% if redeemed / switch out on or before 12 months from the date of allotment.
If redeemed / switched out after 12 months and on or before 18 months from the date of allotment, the exit load charge will be 1%.
If redeemed after 18 months from the date of allotment, the exit load charge will be Nil.
Source : Accord Fintech
