Escorts MF: Revision of Load Structure and SIP Details under its Schemes

Escorts MF has notified the following changes under its schemes with effect from January 10, 2009:

Change In Load Structure

1. Revised load structure for Escorts Growth Plan, Escorts High Yield Equity Plan, Escorts Leading Sectors Fund and Escorts Power & Energy Fund
   Entry Load: 2.25%
   Exit Load: 1% for redemptions within 6 months, 0.50% for redemptions after 6 months but within 1 year.
   
2. Revised load structure for Escorts Opportunities Fund
   Entry Load: 1.25%
   Exit Load: 1% for redemptions within 365 days.
   (The minimum application amount under the dividend option will be Rs. 30,000.)

Terms of SIP

(Escorts Growth Plan, Escorts High Yield Equity Plan, Escorts Leading Sectors Fund, Escorts Power and Energy Fund, Escorts Income Plan, Escorts Income Bond, Escorts Tax Plan, Escorts Opportunities Fund, Escorts Gilt Plan and Escorts Balanced Fund)
Minimum Investment Amount: Under Monthly option, Rs. 1000 per month (minimum 6 installments); under Quarterly option, Rs. 1500 per quarter (minimum 4 installments).
SIP Dates: 1st, 10th and 25th of each month.