25-10-2023 12:57 PM | Source: Accord Fintech
Mirae Asset AMC announces change in exit load of Asset Arbitrage Fund

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Mirae Asset AMC has announced addendum to the Scheme Information Documents (SIDs)/ Key Information Memorandums (KIMs) cum Common Application Form of all Scheme(s) of Mirae Asset Mutual Fund (MAMF). 

Mirae Asset Mutual Fund informs that there is revision in the exit load structure of Mirae Asset Arbitrage Fund, (An open ended scheme investing in arbitrage opportunities). The Existing Exit Load ‘0.25% if redeemed or switched out within 30 days from the date of allotment, Nil after 30 days’ revised to ‘0.25% if redeemed or switched out within 15 days from the date of allotment, Nil after 15 days, with effect from November 01, 2023.

This notice cum addendum forms an integral part of SAI of MAMF, as amended from time to time. All other terms and conditions of SAI will remain unchanged.