Bank of India Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 02 May 2025
Change in Exit Load:
| Name of the Scheme |
Existing Exit Load Structure |
Revised Exit Load Structure |
| Bank of India Arbitrage Fund :
|
• For Redemption/switch out - of up to 10% of the initial units allotted within 30 days from the date of allotment - "NIL"
• Any Redemption/Switch out - in excess of the above mentioned limit would be subject to an exit load of 0.50%, if the units are switched out within 30 days from the date of allotment of units
• If the units are redeemed/switched out after 30 days from the date of allotment of units - "NIL"
|
• Any Redemption/Switch out - would be subject to an exit load of 0.50%, if the units are redeemed/switched out within 15 days from the date of allotment of units.
• If the units are redeemed/switched out after 15 days from the date of allotment of units - "NIL"
|