L&T Mutual Fund has revised the exit load of L&T Income Opportunities to 1 per cent if redeemed within 1 year. Currently, it is 2 per cent if redeemed within 1 year, 1.5 per cent if redeemed after 1 year but before 2 years and 1 per cent if redeemed after 2 years but before 3 years. The effective date is March 13, 2015.
