Deutsche MF revises its Premier Bond Fund exit load
and minimum investment amount
Mumbai: Deutsche Mutual Fund has revised
exit load in Deutsche Premier Bond Fund with effect from June 27, 2011. The fund house will charge 1.50
per cent as exit load if units are redeemed within 11 months from the date of
allotment. Earlier, the scheme charged 0.50 per cent as exit load if units were
redeemed within 6 months from the date of allotment.
Duetsche MF has also decided to change the minimum investment
amount under Deutsche Premier Bond Fund –
Institutional Plan to Rs. 1 crore from Rs. 50 lakh.
