If units of the Scheme are redeemed or switched out up to10% of the units (the limit) within 12 months from the date of allotment - Nil.
If units of the scheme are redeemed or switched out in excess of the limit within 12 months from the date ofallotment - 1% of the applicable NAV.
If units of scheme are redeemed or switched out after 12 months from thedate of allotment - Nil.