Change in Exit Load of L&T Mutual Fund Schemes | Value Research L&T Mutual Fund has decided to revise the Exit Load Structure of L&T Flexi Bond Fund and L&T Resurge
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Change in Exit Load of L&T Mutual Fund Schemes

L&T Mutual Fund has decided to revise the Exit Load Structure of L&T Flexi Bond Fund and L&T Resurgent India Corporate Bond Fund with effect from November 20, 2015 as follows:

1. L&T Flexi Bond Fund

Existing ProvisionsRevised Provisions
0.5 % if redeemed within 6 months from the date of allotment0.5 % if redeemed within 1 year from the date of allotment
Nil if redeemed after 1 year from the date of allotment

2. L&T Resurgent India Corporate Bond Fund

Existing ProvisionsRevised Provisions
2 % if redeemed on or before 1 year from the date of allotment2 % if redeemed on or before 1 year from the date of allotment
1.5 % if redeemed after 1 year but on or before 2 years from the date of allotment1 % if redeemed after 1 year but on or before 2 years from the date of allotment
Nil if redeemed after 3 yearsNil if redeemed after 2 years

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