L&T Mutual Fund: Notice Cum Addendum for Change in Exit Load, Minimum Amount and Number of Units for Redemption/Switch/SWP/STP

Mutual Fund
Aug 11, 2016 by L&T Mutual Fund | Mutual Fund | 15 Downloaded

Notice is hereby given that:

  1. Change in exit load

    With effect from August 11, 2016, the exit load applicable with respect to redemptions under the following schemes of L&T Mutual Fund ("the Fund") will change as follows. This change will be applicable on a prospective basis i.e. on all applications received towards subscriptions/ switch-ins on or after August 11, 2016.


    Change in exit load


  2. Change in the Minimum Amount/Number of Units for Redemption/ Switch under all open-ended schemes of the Fund except L&T Cash Fund, L&T Liquid Fund, L&T Tax Advantage Fund and L&T Tax Saver Fund

    With effect from August 11, 2016, the minimum amount/ number of units for redemption/switch under all open-ended schemes of the Fund except L&T Cash Fund, L&T Liquid Fund, L&T Tax Advantage Fund and L&T Tax Saver Fund shall be changed to र 500 or 50 units.

  3. Change in the minimum amount of withdrawals under Systematic Withdrawal Plan ("SWP") and transfers under Systematic Transfer Plan ("STP") for all open-ended schemes of the Fund except L&T Cash Fund and L&T Liquid Fund

    With effect from August 11, 2016, the minimum amount of each withdrawals under SWP and transfers under STP will change from र 1,000 to र 500.

All other provisions, terms and conditions applicable to the above-mentioned schemes shall remain unchanged. Investors are requested to take note of the above.

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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