If the units redeemed or switched out are upto 10% of the units purchased or switched in (�the limit�) within 1 year from the date of allotment - Nil
If units redeemed or switched out are over and above the limit within 1 year from the date of allotment - 1%
If units are redeemed or switched out on or after 1 year from the date of allotment - Nil.