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Exit Load change in schemes of Nippon India Mutual Fund


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

SchemeExistingRevised
Nippon India Banking FundFor units in excess of 10% of the investment,1% will be charged for redemption within 365 days1% will be charged for redemption within 1 Month
Nippon India Power & Infra FundFor units in excess of 10% of the investment,1% will be charged for redemption within 365 days1% will be charged for redemption within 1 Month
Nippon India Consumption FundFor units in excess of 10% of the investment,1% will be charged for redemption within 365 days1% will be charged for redemption within 1 Month
Nippon India Pharma FundFor units in excess of 10% of the investment,1% will be charged for redemption within 365 days1% will be charged for redemption within 1 Month