Fund News

Fidelity MF revises some of its schemes' key features

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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