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Introduction of Weekly Option under Birla Floating Rate- Long Term Plan

Birla Sun Life Mutual Fund proposes to introduce weekly option under Long Term Plan of Birla Floating Rate Fund with effect from April 25, 2007. The minimum investment amount for this option would be Rs.5000 and the fund would charge an exit load of 0.10% if redemption is made within 7 days. Dividend would be declared on every Friday and it would be compulsory re-invested.

No change is being made in any other feature except from those mentioned above.