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Birla Sun Life Mutual Fund : Multiple changes in schemes


Birla Sun Life Mutual Fund announced to change the exit Load of Birla Sun Life Ultra Short Term Fund from NIL to 0.90 per cent on investments redeemed within 90 days. Also, the exit load of Birla Sun Life Short Term Opportunities Fund has been revised from 0.50 per cent to 1 per cent on investments redeemed within 365 days.

The maximum limit on amount per lumpsum investment in Birla Sun Life Medium Term Plan and Birla Sun Life Short Term Opportunities fund has been removed from the previous limit of Rs 1 crore (per investor per day).

All changes will be effective from July 26, 2013.