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L&T Triple Ace Bond: Change in Exit Load

L&T Mutual Fund has announced a change in the exit load of L&T Triple Ace Bond with effect from January 15, 2013.

A load of 1.50% shall be charged if units are redeemed within 12 months from the date of allotment.

Till date, the same load is charged for the same period and 1% is charged for redemption of units after 12 months and within 18 months.