Birla Sun Life MF Announces Change in Exit Load Provisions for Switch out

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Updated: 07/11/2009 | 12:00 AM IST

Mutual fund

Birla Sun Life MF Announces Change in Exit Load Provisions for Switch-out

Capital Market

Saturday, November 07, 2009 (New Delhi)

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Birla Sun Life Mutual Fund has announced that for switch out (s) made from Birla Sun Life Income Fund and / or Birla Sun Life Income Plus to any other scheme of the fund house, exit load as applicable to the respective scheme shall be charged. The changes will be effective from 11 November 2009.

Existing Provisions:

No exit load shall be charged for switch-out(s) made from various plans/options under Birla Sun Life Income Plus, an open ended income scheme and / or Birla Sun Life Income Fund, an open ended income scheme (except Birla Sun Life Income Fund-54EA Plan) to Birla Sun Life MIP II - Savings 5 Plan and / or Birla Sun Life Frontline Equity Fund and / or Birla sun Life Dynamic Bond Fund and / or Birla Sun Life Freedom Fund.

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