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Introduction of PF Plan Under Birla Dividend Yield Plus


Birla Mutual Fund has introduced a PF Plan under Birla Dividend Yield Plus, effective February 13, 2006. The minimum investment amount under this scheme is Rs. 5000. Only eligible Non-Government Provident Funds, Superannuation Funds and Gratuity Funds can invest in this plan.

The PF Plan will not charge any exit load but an entry load of 2.25% for investments less than Rs 2 crores and 0.50% for investment greater than and equal to Rs 2 crores but less than Rs 5 crores. This plan will have the same portfolio, investment objectives and investment pattern as that of the existing Birla Dividend Yield Plus.