June, 30 2026 Tuesday 23:30 Hrs
Last update 11-9-2025
  • SENSEX :   76,478.67

  • Top commodity trading and broking companies in India-249.70( -0.33%) 30-Jun-2026
Margin Trading
Facility - MTF MTF
Trade Online
Negative
Sensex 76478.67 -249.70  (-0.33) 30-Jun-2026
Previous Day Close 76728.37
Today's High/Low
High Low
  •  
  •  
77037.36 76329.39

Mutual Fund News - Detailed News

Nippon India Mutual Fund announces change in Exit Load Structure
26-Jun-26   11:48 Hrs IST
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.

Powered by Capital Market - Live News
Top

Attention Investor:

Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.