Birla Sun Life Short-term Opportunities & Medium Term Plan: Change in Options

Birla Sun Life Mutual Fund has changed the existing options under both these schems with effect from July 2, 2012.

Birla Sun Life Short-term Opportunities
Both retail and institutional plan of this fund, currently have weekly dividend (reinvestment) and dividend (payout and reinvestment) options. Now, weekly dividend (reinvestment) will be changed to quarterly dividend (payout and reinvestment) option.

Birla Sun Life Medium Term Plan
Both retail and institutional plan of this fund, currently have weekly dividend (reinvestment), fortnightly dividend (payout and reinvestment) & monthly dividend (payout, reinvestment & sweep) options. Now, weekly dividend (reinvestment) will become quarterly dividend (payout and reinvestment), fortnightly dividend (payout and reinvestment) will become half-yearly dividend (payout and reinvestment) and monthly dividend (payout, reinvestment & sweep) will just become dividend (payout, reinvestment & sweep) options.