Tata Mutual Fund has announced change in exit load structure under the following schemes from 20 July 2020.
The revised exit load will be:
Tata Banking and Financial Services Fund, Tata Digital India Fund, Tata Ethical Fund, Tata Focused Equity Fund, Tata India Consumer Fund, Tata India Pharma & Healthcare Fund, Tata Infrastructure Fund, Tata Resources & Energy Fund & Tata Quant Fund:
Redemption/Switch-Out/SWP/STP on or before expiry of 365 days from the date of allotment: If the withdrawal amount or switched out amount is not more than 12% of the original cost of investment: NIL
Redemption/Switch-Out/SWP/STP on or before expiry of 365 days from the date of allotment: If the withdrawal amount or switched out amount is more than 12% of the original cost of investment: 1%
Redemption/Switch-Out/SWP/STP after expiry of 365 days from the date of allotment: NIL
