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Birla Sunlife Mutual Modifies Load Structure for Equity Schemes

Birla Sun Life Mutual fund has modified the load structure for the following equity funds: Birla Sun Life Equity Fund, Birla Sun Life Frontline Equity Fund, Birla Mid Cap Fund, Birla Sun Life’95, Birla India Genext Fund and Birla Top 100 Fund. Effective July 1, 2007, these funds would start charging an exit load 0.50% on investments upto Rs 5 crore if redeemed within six months.

The entry load remains unchanged. The funds would continue to charge an entry load of 2.25% for investments less than Rs 5 crores.