L&T Mutual Fund has revised the Exit Load of L&T Cash Fund. The change will be applicable on all applications received towards subscriptions/switch-ins on or after September 23, 2015. The revised exit load structure is as follows:
| Existing Provisions | Revised Provisions For Redemptions Load ( % of applicable NAV ) | |
| Nil | ||
| Within 3 days | 0.25 | |
| After 3 Days | Nil | |
A switch out or withdrawal under SWP or a transfer under STP may also attract an Exit Load like any Redemption.
No Exit Load will be chargeable in case of switches made between different options of the scheme .
No Exit Load will be chargeable in case of (i) Units allotted on account of dividend reinvestments; and (ii) Units issued by way of bonus, if any.
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