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Birla Sun Life '95 Fund reduces exit load tenure


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Birla Sun Life Mutual Fund has revised the exit load of Birla Sun Life '95, Birla Sun Life Banking & Financial Services, Birla Sun Life Equity, Birla Sun Life Equity Savings, Birla Sun Life Long Term Advantage, Birla Sun Life Manufacturing Equity, Birla Sun Life Midcap, Birla Sun Life Pure Value, Birla Sun Life Top 100, Birla Sun Life Commodity Equities - Global Agri, Birla Sun Life India Reforms, Birla Sun Life Active Debt Multi Manager FoF, Birla Sun Life Financial Planning FoF - Aggressive, Birla Sun Life Financial Planning FoF - Prudent and Birla Sun Life Gold Fund.

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The revised exit load is 1 per cent if redeemed within 365 days.

The effective date is May 25, 2015.

The fund house has also announced dividend under the dividend option of Birla SL FTP Ser JR Direct-D, Birla SL FTP Ser JR Direct-DQ, Birla SL FTP Ser JR Reg-D, Birla SL FTP Ser JR Reg-DQ, Birla SL Interval Income Qtly Ser I -D, Birla SL Interval Income Qtly Ser I Direct-D and Birla SL Interval Income Qtly Ser I Inst-D. The quantum of dividend will be the entire distributable surplus as on the record date.

The record date has been fixed as May 25, 2015.

 
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