Tata Mutual Fund has announced a change in the exit load of Tata Income Plus with effect from January 22, 2013.
A load of 1% shall be charged if units are redeemed within 365 days from the date of allotment.
Till date, a load of 3% is charged if units are redeemed within 12 months from the date of allotment,2% for exit during the next 12 months and 1% for the period comprising further next 6 months.
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