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Transfer Load Cost

Changing plans costs cash. Here's how to do it properly

I had transferred units of Reliance Power Fund to the growth plan. Now, how will exit load be calculated? Will it be on the basis of the transfer date or will it be from the date when I had first bought into this fund?
If you have changed the plan from dividend to dividend reinvestment, then the load will be calculated from the date you first invested into this fund -- since it was a non-financial transaction.

This article was originally published on July 23, 2009.


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