The record date for the declaration of dividend in the Dividend Plan of Birla Midcap Fund has been fixed as January 24, 2003. All purchases made before 3.30 p.m. on the record date will be eligible to receive dividend declared, if any.
For investments in the Dividend Plan made between January 20, 2003 and January 24, 2003, an entry load of 1 per cent would be charged, while an exit load of 2 per cent has been introduced if exited within 60 days. Switches from the Growth Plan of Birla Midcap Fund to the Dividend Plan will not be charged an entry load. However, the exit load will be applicable on switch outs/ lateral outs to the Growth Plan of Birla Midcap Fund or to any other scheme of Birla Mutual Fund within 60 days.
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