Birla Sun Life MF has notified that with effect from May 06, 2009, Centurty SIP will be available under the Birla Sun Life Freedom Fund and Birla Sun Life Commodity Equities Fund (Global Agri Plan, Global Multi Commodities Plan and Global Precious Metal Plan) in addition to the Regular SIP facility offered under the schemes.
The 'Centuty SIP' feature offers a sum assured of upto 20 times of the monthly installment, while the cost for the same is borne by the AMC. The minimum monthly investment under this feature has to be Rs. 1,000 and the maxumum sum assured will be limited to Rs. 20 lakh.