Wednesday, March 26, 2008

Birla Sun Life MF Revises Load Structure

Birla Sun Life Mutual Fund has announced the revision in the exit load structure for Birla Dynamic Bond Fund, an open-ended income scheme. According to the revised load structure, the fund will charge an exit load of 0.20% if the investment is redeemed within 30 days months from the date of allotment. Before revision of the load structure, the scheme did not ask for any exit load.

There is no change in entry load i.e. the Birla Dynamic Bond Fund will not charge an entry load.

The aforesaid changes are proposed to be done with effect from 27 March 2008.

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