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Religare Active Income Fund: Revision in Exit Load


Religare Mutual Fund has announced a revision in exit load under Religare Active Income Fund with effect from January 21, 2011.

Now, the exit load will be 1 per cent if redeemed within 45 days from the date of allotment and Nil if redeemed after 45 days from the date of allotment.

Earlier exit load used to be 1 per cent if redeemed within 90 days from the date of allotment and Nil if redeemed after 90 days from the date of allotment.