ABN AMRO Mutual Fund has revised the load structure for its Equity and Tax Advantage Scheme, with effect from 27th September 2006.
In case of ABN Amro Equity, there has been a revision in the exit load. Now, an exit load of 1% would be charged for investment less than Rs. 5 crores, if redeemed within 6 months and 0.50% for investment of Rs. 5 crores or more but less than Rs. 25 crores if redeemed within 6 months.
ABN AMRO Tax Advantage Plan has changed the entry load. Now, an entry load of 2.25% would be charged for investment less than Rs. 5 crores. It has waived off the entry load charged for investment greater than or equal to Rs 20 crores.