ITI MF Announces change exit load structure under its schemes

With effect from 01 October 2021

Sep 28, 2021 11:09 IST capital market

ITI Mutual Fund has announced change in exit load structure under the following schemes, with effect from 01 October 2021.

Accordingly, the revised exit load will be:

ITI Large Cap Fund, ITI Multi Cap Fund & ITI Value Fund:

1% - if redeemed or switched out on or before completion of 3 month from the date of allotment of units

Nil - if redeemed or switched out after completion of 3 month from the date of allotment of units

ITI Balanced Advantage Fund:

10% of the units allotted may be redeemed without any exit load on or before completion of 3 months from the date of allotment of units. Any redemption in excess of such limit in the first 3 months from the date of allotment shall be subject to the following exit load

1% - if redeemed or switched out on or before completion of 3 month from the date of allotment of units

Nil - if redeemed or switched out after completion of 3 month from the date of allotment of units

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