Sundaram BNP Paribas Mutual Fund Revised The Exit Load Structure (06-Aug-2010)
Sundaram BNP Paribas Mutual Fund has revised the exit load structure for its fixed income schemes such as Sundaram BNP Paribas Flexible Fund Short-Term Plan, Sundaram BNP Paribas Income Plus, Sundaram BNP Paribas Gilt Fund and Sundaram BNP Paribas Select Debt - Short Term Asset Plan.
An exit load of 1% will be charged, if redeemed within 90 days from the date of allotment for Sundaram BNP Paribas Flexible Fund Short-Term Plan. Under Sundaram BNP Paribas Income Plus, an exit load of 2% will be charged, if redeemed within 1 year from the date of allotment and 1.5% if redeemed within 1 and half year from the date of allotment.
Further, an exit load of 1% will be charged, if redeemed within 6 months from the date of allotment for Sundaram BNP Paribas Gilt Fund. Under Sundaram BNP Paribas Select Debt - Short Term Asset Plan, an exit load of 0.50% will be charged, if redeemed within 14 days from the date of allotment.
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