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Birla Sun Life MF: Changes in Exit Load under some Schemes

birla-sun-life-mf-changes-in-exit-load-under-some-schemes

Birla Sun Life MF has notified the following changes in the exit load applicable under some of its schemes:

I. Scheme(s):
Birla Sun Life Quarterly Interval Fund - Series 1 to 9
Birla Sun Life Interval Income Fund - Quarterly Plan - Series I to III
Revised exit load: For redemptions on any day other than the Specified Transaction Period, exit load of 1% of the applicable NAV will be charged.

II. Scheme(s):
Birla Sun Life FMP - Quarterly Series 2
Revised exit load: For redemptions before the Specified Redemption date, exit load of 1% of the applicable NAV will be charged.

III. Scheme(s):
Birla Sun Life Interval Income Fund - Monthly Plan - Series I and II
Revised exit load: For redemptions on any day other than the Specified Transaction Period, exit load of 0.50% of the applicable NAV will be charged.

IV. Scheme(s):
Birla Sun Life FMP - Annual Series 3
Revised exit load: For redemptions within 365 days, exit load of 3% of the applicable NAV, for redemptions after 365 days but before the Specified Redemption date, exit load of 2% of the applicable NAV will be charged.

The changed loads will be applicable for all investments made on or after the immediately next Specified Transaction Period / Specified Subscription Period.



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