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Thursday, August 06, 2009

Birla Sun Life MF revises exit load provisions for switch-out(s) facility

With effect from 6 August 2009

Birla Sun Life Mutual Fund has decided to revise the exit load provisions for switch-out(s) from open ended equity scheme(s). The change will take effect from 6 August 2009.

Accordingly, no exit load shall be charged for switch-out(s) made from any open ended equity scheme to any another open ended equity scheme of the fund house, however such exit load shall be charged where the corresponding switch-in(s) are made into Birla Sun Life Enhanced Arbitrage Fund, Birla Sun Life Index fund, Birla Sun Life Commodity Equities Fund, Birla Sun Life Infrastructure Fund (Plan B), Birla Sun Life Frontline Equity Fund (Plan B) and Birla Sun Life Midcap Fund (Plan B).

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