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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

by L&T Mutual Fund | Mutual Fund | 8 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 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 1,000 to 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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