MUMBAI: Pramerica Mutual Fund has revised exit load in Pramerica Equity Fund and Pramerica Dynamic Fund with effect from January 24, 2011. The fund house will charge 1 per cent as exit load if units are redeemed within 365 days from the date of allotment for both the schemes.
The schemes earlier charged 2 per cent as exit load if units were redeemed within 365 days from the date of allotment and 1 per cent as exit load if units were redeemed after 365 days but on or before 730 days from the date of allotment.
The schemes are jointly managed by Ravi Gopalkrishnan and Mahendra Jajoo.
