Exit Load Structure changes for Nippon India Equity Savings Fund

Nippon India Mutual Fund has announced a change in the exit load structure for Nippon India Equity Savings Fund.

For units redeemed in excess of 10 per cent of the investment, 1 per cent will be charged if redemption is done within 15 days of the allotment date. Previously, similar exit load was applicable for redemption within 30 days. The change is effective from August 05, 2024.