L&T Mutual Fund has revised the exit load of two schemes. L&T Income Opportunities Fund will have an exit load of 2 per cent for redemption within 2 years of allotment, 1.5 per cent for redemption between 1 year and 2 years and 1 per cent for redemption between 2 years to 3 years. Presently, the scheme has exit load of 2 per cent for redemption within 1 year and 1 per cent for redemption between 1 year and 2 years.
L&T Monthly Income Plan will have an exit load of 1 per cent for redemption within 3 years of allotment. Presently it is, 1 per cent for redemption within 1 year.
The change will be effective from September 01, 2014.
The Fund House also announced dividend under the dividend option of L&T FMP Series XI Plan B Direct-D and L&T FMP Series XI Plan B-D.
The quantum of dividend will be the entire distributable surplus as on the record date. The record date has been fixed as August 20, 2014.
Ask Value Research 
New episodes every Friday 
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
