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Birla Equity Plan Revises Load Structure

Birla Mutual Fund has decided to revise the entry load in its Birla Equity Plan which will be applicable from today (July 14, 2004) onwards. As per the revised entry load, the scheme will charge an entry load of 2.25 per cent on investments less than Rs 5 crore. However, no entry load will be charged if the amount is equal to or greater than the aforementioned limit. Prior to this there was no entry or exit load in the fund.