Fund News

Exit Load change in schemes of Nippon India Mutual Fund

Exit Load change in schemes of Nippon India Mutual Fund

Nippon India Mutual Fund has decided to change exit load under the following schemes with effect from May 21, 2020:

SchemeExistingRevised
Nippon India Banking FundFor units in excess of 10% of the investment,1% will be charged for redemption within 365 days1% will be charged for redemption within 1 Month
Nippon India Power & Infra FundFor units in excess of 10% of the investment,1% will be charged for redemption within 365 days1% will be charged for redemption within 1 Month
Nippon India Consumption FundFor units in excess of 10% of the investment,1% will be charged for redemption within 365 days1% will be charged for redemption within 1 Month
Nippon India Pharma FundFor units in excess of 10% of the investment,1% will be charged for redemption within 365 days1% will be charged for redemption within 1 Month

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