Fund News

Revision of exit load for switch outs under Birla Sun Life MIP II – Saving 5

11-Aug-2010•Value Research

Birla Sun Life Mutual Fund has revised the exit load applicable to switch outs from Birla Sun Life M

Birla Sun Life Mutual Fund has revised the exit load applicable to switch outs from Birla Sun Life MIP II – Saving 5 Plan to certain fixed income schemes, with effect from August 12, 2010.

Revised Provision:
For Switch out(s) made from Birla Sun Life MIP II – Saving 5 Plan to any other schemes of Birla Sun Life Mutual Fund, exit load as applicable to the scheme shall be charged.

Existing Provisions:
No exit load shall be charged for switch-out(s) made from various plans/options under Birla Sun Life MIP II – Saving 5 Plan to Birla Sun Life Dynamic Bond, Birla Sun Life Income Fund, Birla Sun Life GSF – Long Term Plan, Birla Sun Life Monthly Income and Birla Sun Life MIP II – Wealth 25 Plan.

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