Widely read:
Fidelity Mutual fund has revised the following features under the below mentioned schemes, with effect from May 5, 2010.
Minimum additional amount:
Rs.1 lakh under Fidelity Cash and Fidelity Ultra Short Term Debt Fund (Super Institutional Plan). Earlier it was Rs.1000/- in Fidelity Cash and NIL in Fidelity Ultra Short Term Debt Fund (Super Institutional Plan).
Minimum amount: Fidelity Flexi Bond
Revised amount: Rs.100,00,000/-.
Existing amount: Rs.5,000/-.
Load structure: Fidelity Flexi Bond
Revised load: 0.50% if redeemed within 6 months from the date of allotment.
Existing load: 1% if redeemed within 1year from the date of allotment.
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