Mumbai: Birla Mutual Fund has revised exit load structure in Birla Short Term Opportunities Fund with effect from March 10, 2011. The fund house will charge 0.25 per cent exit load if units are redeemed within 30 Days from the date of allotment. The scheme earlier charged 0.25 per cent exit load if units are redeemed within 50 days from the date of allotment.
Birla Short Term Opportunities Fund is an open ended income scheme with the investment objective to generate regular income by investing primarily in investment grade fixed income securities / money market instruments with short to medium term maturities and across the credit spectrum within the universe of investment grade rating.
