Birla Sun Life MF to revise exit load structure

Birla Sun Life MF to revise exit load structure

Birla Sun Life MF has announced change in exit load structure for Birla Sun Life Short Term Opportunities Fund and Birla Sun Life Medium Term Plan, with effect from April 3, 2012.

There will be an exit load of 0.5% for redemption / switch-out of units within 180 days from the date of allotment of units, in case of Birla Sun Life Short Term Opportunities Fund.

Investors in Birla Sun Life Medium Term Plan will be charged an exit load of 2.50% for redemption or switch-out of units within 180 days from the date of allotment, if the units are redeemed or switched-out after 180 days but before 365 days from the date of allotment exit load of 2% will be charged. For redemption or switch-out of units after 365 days but before 730 days from the date of allotment the exit load charge will be 1% of applicable NAV.