Fund News

Introduction of Institutional Premium Plan Under Birla Cash Plus

Last updated: 08-Jul-2024•Value Research

Birla Sun Life Mutual Fund has announced the introduction of an 'Institutional Premium' Plan under B

Birla Sun Life Mutual Fund has announced the introduction of an 'Institutional Premium' Plan under Birla Cash Plus with effect from March 26, 2004. The minimum application in the plan amount would be Rs 20 crores with minimum subsequent investment of Rs 50 lakhs. This plan would be open for the initial offer from March 26 to March 29, 2004. It would not charge any entry or exit load. It would offer a growth and a dividend option. The dividend option would declare dividends on a daily basis, which would be compulsorily reinvested. Presently, the fund's expenses would be capped at 0.55%.

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