Birla Sun Life mutual fund has approved the introduction of daily dividend option with reinvestment facility under institutional plan of Birla Sun Life Short Term Fund, an open-ended short-term income scheme with effect from 22 September 2008. The units will be available for purchase to investors at Rs 10 and at NAV based price, thereafter. Birla Sun Life Short Term Fund was launched on January 2000.All other features and terms and conditions of the scheme shall remain unchanged
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