The exit load on Birla Income Plus has been reduced from 0.50 per cent for exit within 6 months to 0.25 per cent for exit within 3 months. With the removal of benefits U/S 54EA/54 EB and the increase in the dividend tax rate, the dynamics of investments in income funds have changed considerably.

The change in the load structures is an attempt to keep the product features abreast of these market realities. With the change in the load structure, Birla Income Plus has become an extremely attractive option in the new scenario', said NK Sharma, senior vice-president and chief of business development, Birla Sun Life AMC Ltd. With assets under management of about Rs 1,800 crore, Birla Income Plus is one of India's largest income schemes. The fund has been rated India's best income fund by Iris Awards, 1999.