
Birla Sun Life Mutual Fund has announced following changes under Birla Sun Life Short Term Fund, with effect from April 24, 2008.
- The existing plan has been renamed as the Retails Plan.
- Institutional plan has been introduced. The minimum investment under this plan would be Rs 2 crore.
- Exit Load has been revised from 0.25 % (redeemed / switch out within 15 days) to 0.15 % (redeemed /switch out within seven days from the allotment date).