Pramerica Mutual Fund has announced a revision in exit load under Pramerica Equity as well as Pramerica Dynamic Fund, with effect from January 24, 2011.
Now, exit load will be 1 per cent if redeemed within 365 days from the date of allotment and Nil if redeemed after 365 days from the date of allotment.
Earlier, the exit load used to be 2 per cent if redeemed within 365 days from the date of allotment, 1 per cent if redeemed after 365 days but within 730 days from the date of allotment and Nil if redeemed after 730 days from the date of allotment.
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