Fund News

Birla India Opportunities Announces Record Date and Load Revision

Birla Mutual Fund has announced the record date for the declaration of dividend under the dividend p

Birla Mutual Fund has announced the record date for the declaration of dividend under the dividend plan of Birla India Opportunities as February 27, 2004.

The entry load structure of Birla India Opporunities Fund, for investments made between February 17, 2004 and February 27, 2004 has been revised. An entry load of 2 per cent would be charged for investments less than Rs. 1 crore, 1 per cent for investments greater than 1 crore but less than 2 crore and 0.75 per cent for investments above Rs. 2 crore. 'No load facility' for inter equity fund family transfer will not be available. Therefore, all lateral shifts in to Birla India Opportunities Fund from other schemes of Birla Mutual Fund will attract applicable entry load as given above.

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