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Exit Load Introduced in Grindlays Dynamic Bond Fund


With effect from February 03, 2004 Standard Chartered Mutual Fund will start charging an exit load in Grindlays Dynamic Bond Fund – Plan A (Regular). Currently it is a no load fund, but effective February 3, 2004 the fund would charge an exit load of 0.50 per cent for investment upto Rs.5 lakh and if redeemed within six months.