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Exit Load change in Two Schemes of Quantum Mutual Fund

Quantum Mutual Fund has decided to change exit load under the following schemes with effect from March 01, 2019:

SchemeExisting New
Quantum Long Term Equity Value FundExit load of 4% if redeemed within 6 months, 3% if redeemed after 6 months but within 1 year, 2% if redeemed after 1 year but within 18 months and 1% after 18 months but within 2 years.For units in excess of 10% of the investment, exit load of 2% if redeemed within 365 days, 1% if redeemed after 365 days but within 730 days.
Quantum Equity Fund of FundsExit load of 1.50% if redeemed within 1 year.For units in excess of 10% of the investment,1% will be charged for redemption within 365 days