• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• Smartbuy

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Tata Mutual Fund has announced a revision in the load of Tata Growing Economics Infrastructure Fund (Plan A and Plan B), with effect from May 02. The scheme proposes to reduce the entry load from 3 per cent to 2.25 per cent for investments less than Rs 2 crore. The scheme so far an exit load of 1 per cent for investments less than Rs 2 crore redeemed within 12 months. This period will now be reduced to six months.

Birla Sun Life Mutual Fund has announced revision in the exit load of Birla Dynamic Bond Fund. With effect from April 28, an exit load of 0.20 per cent will be charged if units redeemed/switched out within 30 days from the date of allotment. At present, the fund charges an exit load of 2 per cent for the units redeemed/switched out within 180 days of allotment.

LIC Mutual Fund has appointed Mr Sushobhan Sarker as Chief Executive Officer of the fund-house. Mr Sarker was earlier with Life Insurance Corporation of India as Executive Director, Investments.

ABN AMRO Mutual Fund has announced a change in the fund manager for ABN AMRO China-India Fund. Mr Amit Nigam shall be the fund manager of the scheme with effect from May 2.

More Stories on : Mutual Funds | Mutual Funds

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Planning for a comfortable life

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line