Indiabulls Income Fund announces change in exit load structure, with effect from October 07, 2014.
Accordingly the exit load will be:
If redeemed / switch-out within 1 year from the date of allotment, the exit load will be 3%.
If redeemed / switch-out within 2 years from the date of allotment, the exit load will be 2%.
If redeemed / switch-out within 3 years from the date of allotment, the exit load will be 1%.
If redeemed / switch-out after 3 years from the date of allotment, the exit load will be Nil.
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