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Monday, September 29, 2014

Birla Sun Life MF Announces Change In Exit Load Structure Under Its Schemes

With effect from 01 October 2014

Birla Sun Life Mutual Fund has announced change in exit load structure under the following schemes, with effect from 01 October 2014. 

Accordingly the exit load will be: 

Birla Sun Life Dynamic Bond Fund: 

For redemption / switch out of units within 365 days from the date of allotment: 1% of the applicable NAV. 
For redemption / switch out of units after 365 days from the date of allotment: Nil. 

Birla Sun Life Short Term Opportunities Fund: 

For redemption / switch out of units within 365 days from the date of allotment: 1.50% of the applicable NAV.
For redemption / switch out of units after 365 days but within 540 days from the date of allotment: 0.50% of the applicable NAV.
For redemption / switch out of units after 540 days from the date of allotment: Nil. 

Birla Sun Life Income Plus: 

For redemption / switch out of units within 365 days from the date of allotment: 1% of the applicable NAV.
For redemption / switch out of units after 365 days from the date of allotment: Nil. 

Birla Sun Life MIP II – Wealth 25 Plan & Birla Sun Life MIP: 

For redemption / switch out of units within 365 days from the date of allotment: 2.00% of the applicable NAV.
For redemption / switch out of units after 365 days but within 730 days from the date of allotment: 1.50% of the applicable NAV.
For redemption / switch out of units after 730 days but within 1095 days from the date of allotment: 1.00% of the applicable NAV.
For redemption / switch out of units after 1095 days from the date of allotment: Nil. 

Birla Sun Life Monthly Income Plan & Birla Sun Life MIP II – Savings 5 Plan: 

For redemption / switch out of units within 365 days from the date of allotment: 1.50% of the applicable NAV.
For redemption / switch out of units after 365 days but within 540 days from the date of allotment: 0.50% of the applicable NAV.
For redemption / switch out of units after 540 days from the date of allotment: Nil.
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