Birla Sun Life MF has decided to revise the exit load structure of Birla Sun Life Medium Term Plan. The changes will be effective from July 23, 2012. Accordingly, the exit load charge will be 2% of applicable NAV for redemption / switch-out of units within 365 days from the date of allotment.
For redemption / 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. For redemption / switch-out of units after 730 days from the date of allotment, the exit load will be Nil.
Source : Accord Fintech
