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Exit Load change in two schemes of L&T Mutual Fund


L&T Mutual Fund has decided to change exit load under the following schemes with effect from June 10, 2020:

SchemeExistingRevised
L&T Nifty 50 Index FundFor units in excess of 10% of the investment,1% will be charged for redemption within 1 yearFor units in excess of 10% of the investment,1% will be charged for redemption within 1 month
L&T Nifty Next 50 Index FundFor units in excess of 10% of the investment,1% will be charged for redemption within 1 yearFor units in excess of 10% of the investment,1% will be charged for redemption within 1 month