Birla Sun Life mutual fund has approved the introduction of daily dividend option and weekly dividend option with reinvestment facility under dividend option of Birla Sun Life Government Securities Fund-Short Term Fund, an open-ended gilt scheme with effect from 15 October 2008.
The units will be available for purchase to investors at Rs 10 and at NAV based price, thereafter. The options introduced under the scheme will have the same investment objective, portfolio, minimum application amount, load structure and expense ration as that of the existing options. All other features and terms and conditions of the scheme shall remain unchanged.
The units will be available for purchase to investors at Rs 10 and at NAV based price, thereafter. The options introduced under the scheme will have the same investment objective, portfolio, minimum application amount, load structure and expense ration as that of the existing options. All other features and terms and conditions of the scheme shall remain unchanged.
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