Birla Sun Life Mutual Fund has announced the revision in the entry load structure of Savings 5 Plan offered under Birla Monthly Income Plan-II, an open-ended income scheme.
According to the revised load structure, the fund will charge an entry load of 2.25% for purchases/switch- in of units. Before revision of the load structure, the fund was not asking an entry load.
There is no change in exit load i.e. Savings 5 Plan offered under the Birla Monthly Income Plan-II will not charge an entry load.
The aforesaid changes are to be done with effect from 3 April 2008.
According to the revised load structure, the fund will charge an entry load of 2.25% for purchases/switch- in of units. Before revision of the load structure, the fund was not asking an entry load.
There is no change in exit load i.e. Savings 5 Plan offered under the Birla Monthly Income Plan-II will not charge an entry load.
The aforesaid changes are to be done with effect from 3 April 2008.
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