Is there any encashment fee (back-end sales load) on UMF & UGIF?
• There will be no front-end sales load on Class A units • The Class C units will be charged with an encashment fee. Such Investors will be charged 1.0% of the NAV at the time of encashment. A nominal processing charge of Rs. 200 per transaction would apply on encashment of units worth Rs. 25,000 and above. This would apply to both A and C units.
Related Questions
- Did shareholders have to pay any sales load, commission, redemption fee, or other transactional fee in connection with the mergers?
- load, back-end load. . . how do I select the mutual fund fee structure that is right for me?
- Do The Funds have back-end/deferred sales charges? Is there a Redemption fee of any kind?
