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Debt index scheme from Birla Sun Life

NEW DELHI: Birla Sun Life has launched the first-ever debt index scheme Birla Bond Index Fund in order to ensure high level of safety to investment in mutual funds. The scheme which opened for subscription on April 22 will remain open till May 2, says a release. The scheme is available at no entry load. However, an exit load of 0.25 per cent will be applicable for investments up to Rs. 10 lakhs, if redeemed within 90 days.

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