With effect from October 10, 2008, Daily Dividend Option with reinvestment facility has been introduced under Retail Plan of Birla Sun Life Short Term Fund.
Details of the option:
Minimum investment amount: Rs. 5000
Minimum subsequent investment: Rs. 1000
SIP facility: Yes
Benchmark: Crisil Short Term Bond Fund Index
Load: Exit load of 0.15% if investment is redeemed witihn 7 days.