Birla Sun Life Mutual Fund has revised the exit load of the following schemes with effect from February 04, 2015:
Scheme Name | Existing Exit load | Revised Exit load |
Birla Sun Life Monthly Income | 1.5% if redeemed within 365 days; 0.5% if redeemed between 365days-540days | 1% if redeemed within 540 days |
Birla Sun Life MIP II-Savings 5 | ||
Birla Sun Life '95 | 1% if redeemed within 365 days | |
Birla Sun Life MIP | 2% if redeemed within 365 days; 1.5% if redeemed between 365days-730days; 1% if redeemed between 730days-1095days | 1% if redeemed within 1095 days |
Birla Sun Life MIP II-Wealth 25 |
The fund house has also announced dividend under the dividend option of Birla SL FTP Series JY Reg-DQ, Birla SL FTP Series JY Reg-D, Birla SL FTP Series JY Direct-DQ and Birla SL FTP Series JY Direct-D. The quantum of dividend will be the entire distributable surplus as on the record date.
The record date has been fixed as February 05, 2015.