Birla Sun Life MF announces change in exit load structure of Dynamic Bond Fund
Time - 31/01/2012 : 11:31
Birla Sun Life Mutual Fund has announced change in exit load structure of Birla Sun Life Dynamic Bond Fund, an open ended income scheme, with effect from February 1, 2012.
The revised exit load will be for redemption / switch-out of units within 180 days from the date of allotment: 0.50% of applicable NAV. For redemption /switch-out of units after 180 days from the date of allotment: Nil.
The revised load structure will be applicable to all investments made on or after 1 February 2012.
The investment objective of the scheme is to generate optimal returns with high liquidity through active management of the portfolio by investing in High Quality Debt and Money Market Instruments.
