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Chola Mutual Revises Load Structure


Chola Mutual Fund is revising the load structure for Cholamanadalam Growth and Chola Midcap funds. Currently Cholamanadalam Growth and Chola Midcap are not charging any exit load but there is an entry load of 2% on investments upto Rs. 25 lakhs. From October 1, 2004 the fund will levy an entry load of 2% on investments amount upto Rs. 1 crore in Cholamanadalam Growth and Chola Midcap Schemes. However, the zero exit load policy is set to continue