Edelweiss Equity Enhancer, Ultra Short-term Bond & Liquid Fund: Revision in Exit Load

Edelweiss Mutual Fund has revised the exit load structure of Edelweiss Equity Enhancer, Ultra Short-term Bond & Liquid Fund. The change is effective from July 2, 2012 for Edelweiss Equity Enhancer & July 1, 2012 for Edelweiss Ultra Short-term Bond and Liquid Fund.

Edelweiss Equity Enhancer
The revised exit load will be 2% if redeemed/switched out on or before 180 days of allotment & 1% if redeemed/switched out after180 days but before 365 days of allotment. Earlier, no exit load was charged.

Edelweiss Ultra Short-term Bond
The revised exit load will be 0.20% if redeemed/switched out on or before 15 days of allotment. Earlier, the exit load was charged at 0.10% if redeemed/switched out on or before 2 days of allotment.

Edelweiss Liquid
The revised exit load will be 0.10% if redeemed/switched out on or before 3 days of allotment. Earlier, the exit load was NIL.