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Birla Sun Life Basic Industries: Discontinuation of “Dividend Trigger Plan”

Last updated: 08-Jul-2024•Value Research

Birla Sun Life Mutual Fund has decided to discontinue the dividend trigger plan under Birla Sun Life

Birla Sun Life Mutual Fund has decided to discontinue the dividend trigger plan under Birla Sun Life Basic Industries, with effect from July 1, 2010.

No fresh purchase/additional purchase/swith-in(s) shall be accepted in DTP offered under the scheme with immediate effect.

The existing unitholders can either redeemed or switch their investment to any other open ended scheme of Birla Sun Life Mutual Fund from June 1 to June 30, 2010 without any exit load. Those who do not opt the exit option by 30, June 2010 would automatically be converted and served under dividend payout facility.

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