Birla Sun Life modified features of a number of its schemes
May 24 2017
News Category: AMC Specific Updates
Birla Sun Life Mutual Fund has modified the features of Birla Sun Life Corporate Bond Fund, Birla Sun Life MIP, Birla Sun Life Monthly Income, Birla Sun Life MIP II -Savings 5 Plan, and Birla Sun Life Medium Term Plan with effect from May 27. Accordingly, the scheme name of Birla Sun Life MIP, Birla Sun Life Monthly Income, and Birla Sun Life MIP II -Savings 5 Plan are renamed as Birla Sun Life Long Term Accrual Fund, Birla Sun Life Low Duration Fund, and Birla Sun Life Credit Opportunities Fund, respectively. Apart from the name change, the exit load structure and maximum subscription amount of the funds have also been revised.