LIC Mutual Fund has announced change in exit load structure under LIC MF Balanced Advantage Fund, with effect from 01 July 2022.
Accordingly, the revised exit load will be:
12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 3 months from the date of allotment of units.
1% on remaining units if redeemed or switched out on or before completion of 3 months from the date of allotment of units
Nil, if redeemed or switched out after completion of 3 months from the date of allotment of units
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