Fund News

Exit Load change in four schemes of Nippon India Mutual Fund

20-May-2020•Value Research

Nippon India Mutual Fund has decided to change exit load under the following schemes with effect from May 21, 2020:

Scheme	Existing	Revised
Nippon India Banking Fund	For units in excess of 10% of the investment,1% will be charged for redemption within 365 days	1% will be charged for redemption within 1 Month
Nippon India Power & Infra Fund	For units in excess of 10% of the investment,1% will be charged for redemption within 365 days	1% will be charged for redemption within 1 Month
Nippon India Consumption Fund	For units in excess of 10% of the investment,1% will be charged for redemption within 365 days	1% will be charged for redemption within 1 Month
Nippon India Pharma Fund	For units in excess of 10% of the investment,1% will be charged for redemption within 365 days	1% will be charged for redemption within 1 Month

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