The AMC has modified its exit load in Birla Sunlife Income Plus fund. According to the revised load, an exit load of 1percent will be charged if units are redeemed or switched out within 180 days from the date of allotment and nil if redeemed after 180 days from the date of allotment. The exit load structure will be effective from 19th October 2012.
The MF industry earns profits of Rs.15,760 crore, a rise of 43% in one year
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