1% exit load to apply on redemptions within 3
months against the earlier 1 month
Mumbai: Deutsche Mutual Fund has revised
exit load under Deutsche
Money Plus with effect from July 25, 2011. The
fund house will charge 1 per cent as exit load if units are redeemed within 3
months from the date of allotment. Earlier, the scheme charged 1 per cent exit
load if units were redeemed within one month from the date of
allotment.
Deutsche Money
Plus Fund is an open ended debt fund with the investment objective to generate steady returns by investing in
debt and money market securities across the credit spectrum.