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LIC GSF & Dhanaraksha '89 Revise load Structure

LIC Mutual Fund has revised load structure in its Government Securities Fund (GSF) and Dhanaraksha '89 with effect from April 01, 2002.

LIC GSF has now become a no-load fund. Earlier, it charges an exit load of 0.3 per cent if redeemed within 6 months.

In Dhanaraksha '89, exit load has been waived off and the entry load has been reduced to 1 per cent as against 2 per cent earlier. Prior to this, the fund charges an exit load of 3 per cent.