Exit Load change in Four schemes from Principal Mutual Fund | Value Research Principal Mutual Fund has decided to change the exit load under it's four funds with effect from Jun
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Exit Load change in Four schemes from Principal Mutual Fund

Principal Mutual Fund has decided to change the exit load under it's four funds with effect from June 15, 2017.

SchemeCurrentRevised
Principal Balanced FundExit load of 1% if redeemed within 1 yearExit load of 1% will be charged if units in excess of 24% are redeemed or switched-out within 1 Year.
Principal Smart Equity FundExit load of 1% if redeemed within 1 yearExit load of 1% will be charged if units in excess of 24% are redeemed or switched-out within 1 Year.
Principal Equity Savings FundExit load of 1% if redeemed within 1 yearExit load of 1% will be charged if units in excess of 24% are redeemed or switched-out within 1 Year
Principal Short Term Income FundExit load of 0.50% if redeemed within 60 daysNil

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