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 2.00% if the investment is redeemed within 180 days months from the date of allotment. Before revision of the load structure, the fund was charging an exit load of 0.20% if the investment is redeemed within 30 days months from the date of allotment.
There is no change in entry load i.e. the Birla Dynamic Bond Fund will not charge an entry load.
The aforesaid changes are to be done with effect from 2 April 2008.
According to the revised load structure, the fund will charge an exit load of 2.00% if the investment is redeemed within 180 days months from the date of allotment. Before revision of the load structure, the fund was charging an exit load of 0.20% if the investment is redeemed within 30 days months from the date of allotment.
There is no change in entry load i.e. the Birla Dynamic Bond Fund will not charge an entry load.
The aforesaid changes are to be done with effect from 2 April 2008.
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