No entry load on Sundaram BNP Paribas India leadership fund
To attract customers, mutual fund asset management companies come up with different tactics. But, no tactic can be better than the one that directly benefits the customer.
Sunadaram BNP Paribas mutual fund has announced not to charge entry load on its India leadership fund. This means that investors will not have to pay any charge over and above existing NAV of the fund. The scheme will continue till 14th October, 2009
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Although entry-load, which is normally charged at 2.25% of NAV, should not be the criteria to select a fund, Sundaram India leadership fund will be able to get more business from this scheme.
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MoneyVriksh.com