Birla MF Load Structure Of Birla Dynamic Bond Fund

Birla Mutual Fund has revised the load structure of Birla Dynamic Bond Fund, an open-ended income scheme. With effect from 5 May 2008, the scheme charged an exit load of 2.00% of applicable NAV for unit’s redeemed/switched out within 180 days from the date of allotment. Earlier the scheme will charge an exit load of 0.20% of applicable NAV for unit’s redeemed/switched out within 30 days from the date of allotment.

However there is no change in entry load. As earlier the entry load in the scheme is nil.

The revised load structure will be applicable to all investments made on or after 5 May 2008.