Mirae Asset Mutual Fund: Change in Exit Load of Equity Schemes

Mutual Fund
Jan 12, 2017 by Mirae Asset Mutual Fund | Mutual Fund | 4 Downloaded

NOTICE is hereby given that Mirae Asset Trustee Company Pvt. Ltd., Trustee to Mirae Asset Mutual Fund (MAMF) has approved modification in the exit load structure of the following schemes of MAMF.

The details of the existing and the revised load structure are as follows:

Approved Modification Exit Load Structure

A switch-out or a withdrawal through any systematic route (STP/SWP/SIP) shall also attract an exit load like any redemption. For the purpose of determining the exit load period at the time of redemptions, the date of allotment of units shall also be considered in the holding period of the investors in the respective schemes of MAMF.

The above provisions shall be effective from January 5, 2017 and applicable on prospective investments only. The Trustee reserves the right to change / modify the load structure at a later date on prospective basis.

This notice-cum-addendum forms an integral part of the Scheme Information Document (SID) / Key Information Memorandum (KIM) of Mirae Asset Mutual Fund. All other contents of the SID and KIM remain unchanged.

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

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