Tata Mutual Fund has announced a change in the exit load structure of Tata Equity Savings Fund. Exit load of 0.25 per cent will now be charged if units are redeemed within 7 days of investment. Previously, for units in excess of 12 per cent of the investment, 0.25 per cent was charged for redemption within 90 days.
The change is effective from September 24, 2024, for all prospective investments in the fund.
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