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Monday, August 03, 2009

Birla Sun Life MF revises exit load structure for Infrastructure Fund

With effect from 3 August 2009

Birla Sun Life Mutual Fund has decided to revise the exit load structure for Birla Sun Life Infrastructure Fund, with effect from 3 August 2009.

Revised Exit Load:

For Plan A: For purchase/ switch in of units below Rs 5 crore in value, an exit load of 1% is payable if the units are redeemed/switched out within 3 years from the date of allotment. For purchase/switch in of units, equal to or greater than 5 crore in value, no exit load is payable.

For Plan B: Nil

Existing Exit Load:

For Plan A and Plan B: For purchase/ switch in of units below Rs 5 crore in value, an exit load of 1% is payable if the units are redeemed/switched out within 12 months from the date of allotment. For purchase/switch in of units, equal to or greater than 5 crores in value, no exit load is payable.

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