Birla Sun Life MF revises load structure

14 Apr 2008 | 11:16 Birla Sun Life MF revises load structure
Birla Sun Life Mutual Fund has announced the revision in the exit load structure for Birla Midcap Fund, Birla Sun Life Frontline Equity Fund, Birla India Gen Next Fund, Birla Top 100 Fund. These changes are proposed to be done with effect from 15 April 2008.

The revised exit load structure is as follows:

Type of Load	Existing	Revised
Entry Load (including for SIP and STP transactions)	For purchase/switch in of units less than Rs 5 crore in value: 2.25% For purchase/ switch in of units equal to or greater than Rs 5 crore in value: Nil	No change
Exit load	For purchase/switch in of units, less than Rs 5 crore in value, an exit load of 0.50% is payable if units are redeemed/ switch out 6 months from the date of allotment. For purchase/ switch in of units equal to greater than Rs 5 crore in value, no exit load is payable.	For purchase/ switch in of units, less than Rs 5 crore in value, an exit load of 1.00% is payable if units are redeemed/ switched in of out within12 months from the date of allotment. For purchase/ switch in of units, equal to or greater than Rs 5 crore in value, no exit load is payable.