DBS Chola MF has notified changes in the exit load structures of the following schemes, which will be effective from January 06, 2009:
1. DBS Chola Triple Ace Fund and DBS Chola MIP
For investments below Rs. 25 lakhs, 0.75% if redeemed within 1 year; for investments of Rs. 25 lakhs but less than Rs. 1 crore, 0.50% if redeemed within 6 months.
Earlier, for investments of upto Rs. 10 lakhs, exit load of 0.50% was applicable if units were redeemed within 6 months.
2. DBS Chola Gilt Fund
For investments less than Rs. 25 lakhs, 0.25% if redeemed within 1 month.
Earlier, no exit load was applicable.
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