Alliance Income Fund has removed the exit load with effect from February 28, 2002. It is only applicable for existing & new investments with purchase value greater than Rs 10 lakhs.
There is no change in the load structure for existing or new investments with purchase value upto Rs 10 lakhs, which will continue to attract an exit load of 0.5 per cent if redeemed or switched-out within 6 months of allotment.
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