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Extension of NFO Period for Birla Long Term Advantage

Birla Sunlife Mutual Fund has announced the extension of the new fund offer period of Birla Long Term Advantage by seven days. Now, it will close on September 15, 2006.

It is a five year closed-end equity scheme which will be converted to an open-ended scheme on maturity. It would invest in a diversified portfolio of equity and equity related securities, and benchmark its performance against BSE Sensex.