Birla Sun Life Mutual Fund has revised the exit load of Birla Sun Life India Reforms Fund to 1.5 per cent for redemption / switching out units within 365 days against the previous 1 per cent for redemption / switching out units within 1 year.
The effective date is January 01, 2015.
The fund house has extended the closing date for NFO of Birla Sun Life Emerging Leaders Fund - Series 5 to December 29, 2014.
The fund house has also announced dividend under the following schemes:
|Birla SL Short Term-D||0.23|
|Birla SL Dividend Yield Plus-D||0.5|
|Birla SL Short Term Fund - Direct Plan||0.26|
The dividend option of Birla SL FTP Series JL Direct-D, Birla SL FTP Series JL Reg-D, Birla SL FTP Series JL Reg-DQ, Birla SL Quarterly Interval Series 4-D and Birla SL Quarterly Interval Series 4 Direct-D also declares dividend.The quantum of dividend will be the entire distributable surplus as on the record date.
The record date has been fixed as December 29, 2014.