Fortis MF Revises Exit Load Structure for Various Schemes

Date : Aug-12-2009



Fortis Mutual Fund has decided to revise the exit load structure for Fortis Equity Fund as well as Fortis Opportunities Fund, Fortis Dividend Yield Fund, Fortis Future Leaders Fund, Fortis China-India Fund. The change will be effective from August 11, 2009.
As per the revises exit load structure, for application amount below, above and equal to Rs 2 crore in value, an exit load of 1% will be charged if redeemed/switched out within 3 years from the date of subscription/ switch in. However, if redeemed/switched out after 3 years from the date of subscription/ switch in, the exit load charge will be nil.