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Birla Mutual Alters Load Structure

Birla Mutual Fund has revised the exit load structure of Birla Index Fund from March 19, 2007. From today, the fund will not charge any entry or any exit load.

Earlier, the fund did not charge any entry load but an exit load ranging from 0.25 to 1 per cent depending on the amount of investment and the period within which the redemption was made.