Edelweiss Mutual Fund has revised exit load structure and minimum application amount under its schemes, Edelweiss Diversified Growth Equity Top 100 Fund, Edelweiss Nifty Enhancer Fund and Edelweiss Absolute Return Equity Fund. As per the revision, all three schemes will charge an exit load of 1 per cent, if the investments are redeemed on or before 180 days from the date of allotment; 0.50 per cent of exit load, if the investments are redeemed after 180 days but on or before 365 days from the date of allotment. Edelweiss Diversified Growth Equity Top 100 Fund and Edelweiss Nifty Enhancer Fund under plan B and C has revised minimum application amount. As per the revision, minimum application amount for Plan B will be Rs 1 lakh and for Plan C it will be Rs 10 lakhs. The changes will be effective from 21st July, 2010.
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