DWS Mutual Fund has revised Exit Load for the following schemes :
Scheme | Existing Load | Proposed Load |
DWS Alpha Equity | 2 per cent for redemption within 18 months | 1 per cent for redemption within 12 months |
DWS Equity Income | 1 per cent for redemption within 18 months | 1 per cent for redemption within 12 months |
DWS Corporate Debt Opportunities | 3 per cent for redemption within 12 months, 2 per cent for redemption within 12-24 months and 1 per cennt for redemption within 24-36 months | 1 per cent for redemption within 12 months |
The effective date is April 21, 2015.
The Fund House also announced roll over of DWS Fixed Maturity Plan - Series 56 by 706 days. The scheme shall now mature on April 10, 2017, as against May 5, 2015.
The AMC has also decided to extend the NFO of DWS Large Cap Fund - Series 3 from April 20, 2015 to April 22, 2015.