1% exit load to apply on redemptions within 1 year
Mumbai: Escorts Mutual Fund has revised exit load in Escorts Income Plan with effect from October 1, 2011. The scheme will charge 1 per cent as exit load if units are redeemed within 1 year from the date of allotment.
Currently, the scheme charges 0.50 per cent as exit load if units are redeemed within 6 months from the date of allotment.