Exit load on redemption/Systematic Withdrawal Plan (SWP)/Switch-out, will be as follows:
If units redeemed or switched out are upto 10% (limit) of the units purchased or switched in within 3 months from the date of allotment - Nil
If units redeemed or switched out are over and above the 10% (limit) within 3 months from the date of allotment - 1% of the applicable NAV
If redeemed/switched out after 3 months from the date of allotment - Nil.