Sun F&C Mutual Fund has also announced changes in the load structure of three of its schemes which would come into effect from October 1, 2001. Sun F&C Value Fund has now become a no-load fund. For exits in case of Sun F&C Money Value Fund, a load of 0.25% would be charged for subscriptions less than Rs 1 crore and redeemed within 3 months of investment. Sun F&C MIP would also charge an exit load of 0.25% for subscriptions less than Rs 1 crore and redeemed within 3 months of investment.
