Aditya Birla Sun Life Mutual Fund announced modification in Aditya Birla Sun Life Century SIP facility
Oct 31 2018
News Category: AMC Specific Updates
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Aditya Birla Sun Life Mutual Fund announced modification in the features of Aditya Birla Sun Life Century SIP facility, effective from Nov 1. According to the revised provisions, the insurance cover would be 10 times the monthly Century SIP instalment in the first year, 50 times the monthly Century SIP instalment in the second year, and 100 times the monthly Century SIP instalment in the third year if the SIP continues. The maximum coverage per investor across all schemes of the fund house would be Rs. 50 lakh.

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