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MF News - Detailed News

Bank of India Mutual Fund announces change in Exit Load Structure
02-May-25   12:09 Hrs IST
Bank of India Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 02 May 2025

Change in Exit Load:

Name of the Scheme Existing Exit Load Structure Revised Exit Load Structure
Bank of India Arbitrage Fund : ' For Redemption/switch out - of up to 10% of the initial units allotted within 30 days from the date of allotment - NIL
' Any Redemption/Switch out - in excess of the above mentioned limit would be subject to an exit load of 0.50%, if the units are switched out within 30 days from the date of allotment of units
' If the units are redeemed/switched out after 30 days from the date of allotment of units - NIL 		' Any Redemption/Switch out - would be subject to an exit load of 0.50%, if the units are redeemed/switched out within 15 days from the date of allotment of units.
' If the units are redeemed/switched out after 15 days from the date of allotment of units - NIL

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