0.25% exit load to apply on redemptions within 3 months against the earlier 1 month
Mumbai: Reliance Mutual Fund has revised exit load in Reliance Floating Rate Fund - Short Term Plan with effect from October 10, 2011. The scheme will charge 0.25 per cent as exit load if units are redeemed within 3 months from the date of allotment.
Earlier, the scheme charged 0.25 per cent as exit load if units were redeemed within 1 month from the date of allotment.