Fidelity Mutual Fund increases exit load in
Fidelity Ultra Short Term Debt Fund to 0.50% from 0.10%
Mumbai: Fidelity Mutual Fund has revised the
exit load structure in Fidelity Ultra Short Term Debt Fund with effect from
June 23, 2011. The fund house will charge 0.50 per cent as exit load if units
are redeemed within 3 months from the date of allotment. The scheme earlier
charged 0.10 per cent as exit load if units were redeemed within 5 days from the
date of allotment.
Fidelity
Ultra Short Term Debt Fund is an open ended debt scheme with the investment objective
to generate
reasonable returns and liquidity primarily through investment in money market
and short term debt instruments.
