Birla Sun Life MF announces merger of some equity schemes
September 20th, 2011
Birla Sun Life Mutual Fund has announced that it will be mergerging Birla Sun Life Basic Industries Fund into Birla Sun Life Infrastructure Fund. Similarly, Birla Sun Life Freedom Fund will be merged into Birla Sun Life 95 Fund. The merger will be effective October 21, 2011.
Investors of Birla Sun Life Basic Industries Fund and Freedom Fund have the exit option from September 22, 2011 to October 21, 2011. They do not have to pay any exit load during this period.
Average Assets under management for the quarter April - June 2011 (Rs. in Lakhs)
Birla Sun Life Basic Industries Fund-Plan A(Dividend): 6585.09
Birla Sun Life Basic Industries Fund-Plan B(Growth): 3231.04
Birla Sun Life Infrastructure Fund-Dividend: 19964.41
Birla Sun Life Infrastructure Fund-Growth: 22684.15
Birla Sun Life Freedom Fund-Plan A (Dividend): 4915.93
Birla Sun Life Freedom Fund-Plan B (Growth): 2981.32
Birla Sun Life 95 Fund-Plan A (Dividend): 21741.86
Birla Sun Life 95 Fund-Plan B(Growth): 20313.51
Entry Filed under: Mutual Funds, Birla Sun Life Mutual Fund
Leave a Comment
Some HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>