Edelweiss MF announces change in exit load structure of E.D.G.E. Top 100
delweiss Mutual Fund has announced the change in exit load structure of Edelweiss Diversified Growth Fund Equity Top 100 (E.D.G.E. Top 100), with effect from 1 January 2011.
Current exit load: Under normal circumstances as well as under expiry day trigger facility:
If units are redeemed/switched-out on or before 180 days from the date of allotment: 1%
If units are redeemed/switched-out after 180 days but on or before 365 days from the date of allotment: 0.50%
If units are redeemed/switched-out after 365 days from the date of allotment: Nil
Revised exit load: Under normal circumstances as well as under expiry day trigger facility:
If units are redeemed/switched-out on or before 365 days from the date of allotment: 1%
If units are redeemed/switched-out after 365 days from the date of allotment: Nil
E.D.G.E. Top 100 is an open ended equity scheme. The primary objective of the scheme is to generate capital appreciation, from a portfolio that is substantially constituted of equity securities and equity related securities of the 100 largest corporates by market capitalization, listed in India.
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