For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.
If units redeemed or switched out are in excess of 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.