You're invited to try out the new version of Value Research Online. Click here to begin:

L&T Mutual Fund: Changes in Exit Load and introduction of Bonus Option

  • TweetTweet
  • LinkedinLinkedin
  • FacebookShare

L&T Mutual Fund has removed the exit load under L&T Low Duration Fund. Presently it is, 0.50 per cent for redemption within 1 month.

Subscribe to the Value Research Insight newsletter

The Fund House has announced to introduce bonus option under L&T Ultra Short Term Fund and L&T Liquid Fund.

The Fund House has also decided to discontinue quarterly dividend option under L&T Income Opportunities Fund.

The above mentioned changes will be effective from May 16, 2014.

The Fund House has announced dividend under the dividend option of L&T FMP Series X Plan K-D and L&T FMP Series X Plan K Direct-D.

The quantum of dividend will be the entire distributable surplus as on the record date. The record date has been fixed as May 19, 2014.

comments powered by Disqus