Daiwa Mutual Fund has revised the exit load under Daiwa Industry Leaders Fund. The fund currently charges an exit load of 1 per cent if units are redeemed within 6 month from the date of allotment and 0.50 per cent if investments are redeemed between 6 months to 1 year. The revised exit load will be 1 per cent for redemptions made within one year.
The changed load structure will come into effect from August 8, 2011.
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