Does Sip Insurance fund have any exit load?

divya

Updated December 27, 2017 06:44

Yes, exit load is applicable for funds from Birla AMC as listed below:
1. Redemption within 1 year from the date of investment: 2% of fund value
2. Redemption within 3 years from the date of investment: 1% of fund value
3. Redemption beyond 3 years: No exit load is applicable
For Schemes from Reliance AMC, exit loads applicable are same as that applicable for the respective schemes. Please check scheme offer documents for details.