Fund News

Load Changes in Birla Income Plus

Birla Mutual Fund has revised the load structure in Birla Income Plus, effective December 18, 2002.

Birla Mutual Fund has revised the load structure in Birla Income Plus, effective December 18, 2002. It would remove the exit load for investments above Rs 10 lakh. However, for investment upto Rs 10 lakh, there has been no change in the exit load. Currently, the fund carries an exit load of 0.50 per cent for investment amount upto Rs. 10 lakh if redeemed within six months and 0.25 per cent for application amount above Rs. 10 lakh and redeemed within three month.

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