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Cholamandalam Growth Announces Load Change


Chola Mutual Fund has announced a change in the load structure of Cholamandalam Growth Fund, effective April 7, 2003. Currently, the fund charges an entry load of 2 per cent. It proposes to introduce an entry investment slab. The fund would charge an entry load of 2 per cent for all investments below Rs 10 lakhs, 1.75 per cent for all investments of Rs 10 lakhs and above but less than Rs 1 crore, 1.25 per cent for investments of Rs 1 crore and above.