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Birla Mutual Fund Launches Birla Bond Plus

Birla Mutual Fund has launched an open-ended income scheme called Birla Bond Plus. The scheme will be open for subscription from November 19 to November 23, 2001. Minimum subscription will be for Rs. 5,000 and in multiples of Re. 1 thereafter at an issue price of Rs. 10 per unit. The objective of the scheme is to generate income through investments in debt and money market instruments. Investors can either choose Plan A - Dividend Plan or Plan B - Growth Plan.