BIRLA SUN LIFE MUTUAL FUND launches Birla Sun Life Equity Savings Fund

Mutual Fund
Nov 10, 2014 by Advisorkhoj Team | Mutual Fund | 28 Downloaded

NFO period: 11th November – 25th November, 2014

Highlights of the NFO:

  • Scheme type - An Open Ended Equity Scheme.

  • Investment objective - To provide capital appreciation and income distribution to the investors by using a blend of equity derivatives strategy, arbitrage opportunities and pure equity investments. The scheme does not guarantee/ indicate any returns. There is no assurance that the scheme objective will be met.

  • Product suitability - The product is suitable for investors who are seeking long term Capital growth and Income

  • Minimum Application Amount - First investment Rs 5,000/- and multiples of Rs 1/- thereafter.

  • Plan/ Options available - Regular Plans and Direct Plans having Growth Option & Dividend Option (Payout, Reinvestment and Sweep Facility)

  • Fund Managers - Mr. Satyabrata Mohanty and Mr. Prasad Dhonde

  • Benchmark - S&P BSE to the extent of 30%, CRISIL Short Term Bond Fund Index to the extent of 30% and CRISIL Liquid Fund Index to the extent of 40%.

( Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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