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.

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.