Birla Sun Life Mutual Fund has revised the exit load for switch-outs from open ended equity scheme(s), with effect from December 31, 2009.
Existing load:
- For switch-out(s) from any Designated Equity Scheme (A)# to another Designated Equity Scheme(A)#– Nil.
- For switch-out(s) from any Designated Equity Scheme (B)^ to another Designated Equity Scheme(A)#– Nil.
- For switch-out(s) from any Designated Equity Scheme (A)# to another Designated Equity Scheme(B)^– Exit load as applicable to respective schemes will be payable.
Revised load:
For switch-out(s) from any open ended Equity or Balanced Scheme to any other Open ended Equity or Balanced Schemes – Exit load as applicable to respective schemes will be payable.
# Designated Equity Scheme (A): Birla Sun Life New Millennium, Birla Sun Life 95, Birla Sun Life Freedom, Birla Sun Life Frontline Equity, Birla Sun Life Mid Cap, Birla Sun Life International Equity Plan A and Plan B, Birla Sun Life MNC, Birla Sun Life Dividend Yield Plus, Birla Sun Life India GenNext, Birla Sun Life Equity, Birla Sun Life Special Situations, Birla Sun Life Infrastructure Fund.
^ Designated Equity Scheme (B): Birla Sun Life Advantage, Birla Sun Life Top 100, Birla Sun Life Buy India, Birla Sun Life India Opportunities, Birla Sun Life Basic Industries and Birla Sun Life Index Fund.