Fortis Mutual Fund has notified introduction of an additional plan viz. 'Regular Plan A' under Fortis Flexi Debt Fund w.e.f. February 06, 2009. 'Regular Plan A' will share a common portfolio with the existing 'Regular Plan'.
Details of the plan introduced are as follows:
Entry load: Nil.
Exit load: 0.75% if units are redeemed within 6 months.
Benchmark: Crisil Composite Bond Fund Index.
Total recurring expenses (estimated): 2.25% of net assets (including Management Fee of 1.25%).