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NIPPON INDIA MUTUAL FUND ANNOUNCES CHANGE IN EXIT LOAD STRUCTURE

Published on Jun 26, 2026 11:48

Nippon India Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from July 01, 2026.

Change in Exit Load:

Name of the Scheme Existing Exit Load Revised Exit Load
Nippon India Credit Risk Fund 10% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units.

Any redemption in excess of such limit in the first 12 months from the date of allotment shall be subject to the following exit load. Redemption of units would be done on First in First out Basis (FIFO): 1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units.

Nil, if redeemed or switched out after completion of 12 months from the date of allotment of units.

25% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units.

Any redemption in excess of such limit in the first 12 months from the date of allotment shall be subject to the following exit load. Redemption of units would be done on First in First out Basis (FIFO): 1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units.

Nil, if redeemed or switched out after completion of 12 months from the date of allotment of units.

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