Principal Mutual Fund has decided to change the exit load under it's four funds with effect from June 15, 2017.
Scheme | Current | Revised |
Principal Balanced Fund | Exit load of 1% if redeemed within 1 year | Exit load of 1% will be charged if units in excess of 24% are redeemed or switched-out within 1 Year. |
Principal Smart Equity Fund | Exit load of 1% if redeemed within 1 year | Exit load of 1% will be charged if units in excess of 24% are redeemed or switched-out within 1 Year. |
Principal Equity Savings Fund | Exit load of 1% if redeemed within 1 year | Exit load of 1% will be charged if units in excess of 24% are redeemed or switched-out within 1 Year |
Principal Short Term Income Fund | Exit load of 0.50% if redeemed within 60 days | Nil |