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Wednesday, May 20, 2015

Birla Sun Life MF Announces Change in Exit Load Structure Under Its Schems

With effect from 25 May 2015

Birla Sun Life Mutual Fund has announced, with effect from 25 May 2015 change in the exit load structure under Birla Sun Life 95 Fund, Birla Sun Life Banking & Financial Services Fund, Birla Sun Life Equity Fund, Birla Sun Life Equity Savings Fund, Birla Sun Life Long Term Advantage Fund, Birla Sun Life Manufacturing Equity Fund, Birla Sun Life Midcap Fund, Birla Sun Life Pure Value Fund, Birla Sun Life Top 100 Fund, Birla Sun Life Commodity Equities Fund – Global Agri Plan, Birla Sun Life India Reforms Fund, Birla Sun Life Active Debt Multi Manager FoF Scheme, Birla Sun Life Financial Planning FoF – Aggressive Plan & Prudent Plan and Birla Sun Life Gold Fund. 

Accordingly, the revised exit load will be: 

For redemptions / switch out of units within 365 days from the date of allotment: 1.00% of applicable NAV. 

For redemptions / switch out of units after 365 days from the date of allotment: Nil. 
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