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If Units redeemed or switched within 1 month from the date of allotment - 1% of the applicable NAV If redeemed/switched out after 1 month from the date of allotment - Nil.

12% of the unit alloted shall be redeemed without any exit load, on or before completion of 3 months from the date of allotment of units. 1% - on remaining units, if redeemed or switched out on or before completion of 3 months from the date of allotment of units. Nil - if redeemed or switched out after completion of 3 months from the date of allotment of units.