Edelweiss Mutual Fund has decided to revise the exit load structure under Edelweiss Equity Enhancer Fund, Edelweiss Ultra Short Term Bond Fund and Edelweiss Liquid Fund, with effect from 2 July 2012.
Following are the change in exit load structure:
Edelweiss Equity Enhancer Fund
If the units are redeemed / switched out on or before 180 days from the date of allotment, the exit load charge will be 2%.
If the units are redeemed / switched out after 180 days and upto 365 days from the date of allotment, the exit load charge will be 1%.
If the units are redeemed / switched out after 365 days from the date of allotment, the exit load charge will be Nil.
Edelweiss Ultra Short Term Bond Fund
If the units are redeemed / switched out on or before 15 days from the date of allotment, the exit load charge will be 0.20%.
If the units are redeemed / switched out after 15 days from the date of allotment, the exit load charge will be Nil.
Edelweiss Liquid Fund
If the units are redeemed / switched out on or before 3 days from the date of allotment, the exit load charge will be 0.10%.
If the units are redeemed / switched out after 3 days from the date of allotment, the exit load charge will be Nil.