Deutsche Mutual Fund has announced a revision in exit load under all plans of DWS Premier Bond Fund, with effect from June 27, 2011.
Revised exit load will be 1.5 per cent if redeemed within 11 months from the date of allotment.
Earlier exit load used to be 0.50 per cent if redeemed within 6 months from the date of allotment.
Further, Deutsche Mutual Fund has also announced a revision in minimum investment amount under DWS Premier Bond Fund (Institutional Plan), with effect from June 27, 2011. The revised minimum investment amount will be Rs 1 crore and in multiples of Rs 1 thereafter. Earlier minimum investment amount under DWS Premier Bond Fund (Institutional Plan) used to be Rs 50 lakhs and in multiples of Rs 1 thereafter.
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