Birla Sun Life MF has notified the changes in the exit load applicable to prospective investments under Birla Sun Life Income Plus Fund (w.e.f. December 04, 2008) and Birla Sun Life Short Term Fund (w.e.f. December 08, 2008):
Birla Sun Life Income Plus Fund
For purchases / switch-in upto Rs. 10 lakhs, exit load of 1% is applicable if
units are redeemed within 365 days from the date of allotment. For purchases /
switch-in of more than Rs. 10 lakhs in value, exit load of 0.25% is applicable
if units are redeemed 7 days.
(Earlier, for purchases / switch-in upto Rs. 10 lakhs, exit load of 0.75% was applicable if units were redeemed within 180 days.)
Birla Sun Life Short Term Fund
Exit load of 0.25% is applicable if units are redeemed within 21 days.
(Earlier, an exit load of 0.15% was applicable if units were redeemed within 7 days.)
