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Fortis Bond Fund: Revision of Exit Load


The exit load under Fortis Bond Fund will be revises w.e.f. April 24, 2009. An exit load of 0.75% will be chargeable to prospective investments if redeemed within 6 months.

Current exit load: For investments upto Rs. 25 lakhs, exit load of 2% if redeemed within 6 months, 1.50% if redeemed between 6 - 12 months, 0.75% if redeemed between 12 - 18 months. For investments more than Rs. 25 lakhs but upto 1 crore, exit load of 1% if redeemed within 12 months.