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Change in load structure of L&T Low Duration Fund and dividend declaration of L&T FMP Series VIII Plan B


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L&T Mutual Fund revised the exit load of L&T Low Duration Fund to 0.50 per cent for redemption within 1 month, against the previous 1.5 per cent for redemption within 25 days.

The change will be effective from March 06, 2014.

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The fund house also announced dividend under the dividend option of L&T FMP Series VIII Plan B-D and L&T FMP Series VIII Plan B Direct-D.

The quantum of dividend will be the entire distributable surplus as on the record date.

The record date has been fixed as March 10, 2014.



 
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