Birla Sun Life mutual fund has approved the following changes in Birla Sun Life Infrastructure Fund, which will be effective from May 29, 2009. The dividend plan and growth plan offered under the scheme are renamed and classified into Plan A. Under the scheme, the pan A will have growth as well as dividend option. The dividend option will offer payout and reinvestment, sweep facilities.
The Birla Sun Life Infrastructure Fund will introduce Plan B with effect from May 29, 2009. The pan B under the scheme will have growth and dividend option. The dividend option will offer payout, reinvestment, sweep facilities. The offer price will Rs 10 each at par on May 29 and at applicable NAV based prices thereafter. The minimum application amount will be Rs 5 lakh and in multiples of Re 1 thereafter.
The Birla Sun Life Infrastructure Fund will introduce Plan B with effect from May 29, 2009. The pan B under the scheme will have growth and dividend option. The dividend option will offer payout, reinvestment, sweep facilities. The offer price will Rs 10 each at par on May 29 and at applicable NAV based prices thereafter. The minimum application amount will be Rs 5 lakh and in multiples of Re 1 thereafter.
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