Birla Sun Life Mutual Fund
As an investor, you could also invest some of your funds in the NIFTY index where most of the reputed stocks would be representing NIFTY. The returns generated by NIFTY would be generated in the schemes, subject to the tracking error.
Name of the Scheme: Birla Sunlife Nifty ETF
Type of Scheme: Open Ended, Index Linked, ETF
Investment Objective:
The investment objective of the scheme is to provide returns that which corresponds to the returns generated by S&P CNX Nifty. The returns are...
Birla Sunlife Mutual Fund has declared dividends for 2 schemes under dividend option. The details are:
- Birla Sunlife Equity Fund
- Birla Sunlife Tax Plan
The quantum of dividend for Birla Sunlife Equity Fund is Rs 3 per unit on the face value of Rs 10 and the quantum of dividend for Birla Sunlife Tax Plan is Rs 1 per unit on the face value of Rs 10. The record date for the dividends for both the schemes is 20-May-2011.
About the Schemes:
Birla Sunlife Equity Fund:
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Birla Sunlife mutual fund has declared dividend for “Birla Sunlife Income Fund”. The main investment objective of the scheme is to generate income and capital appreciation by investing in debt and money market instruments.
The quantum of dividend – Rs 0.12 per unit
Face Value = Rs 10 per unit
Record date for dividend – 11-May-2011
Fund Type –Debt Scheme
The minimum investment amount is Rs 5000 for investing in the scheme. There is no entry load for investing in this scheme. There is a exit...
Gold is one of the precious commodities available in the earth and is considered as one of the safest haven for investing your hard earned money. It is similar to investing in land or shares of reputed companies. Most of the developed countries and emerging economies have significant investment in Gold.
Why Gold ETF?
There are two ways of investing in Gold. You should either buy physical gold or invest in ETF or any other gold schemes. There are many disadvantages while investing in Physical gold. It is really difficult...
Do you know that you can save taxes upto Rs 1 lakh by investing in mutual funds? You can avail this benefit under the Section 80C of Income tax Act, 1961. There are lot of Equity Linked Savings Schemes from various mutual fund companies for such investments. Birla Sunlife Mutual fund which is one of the leading mutual fund companies also has such scheme. The name of the Scheme is “Birla Sunlife Tax Relief 96 Fund”.
Recently this scheme has declared a dividend for the investors. The details are:
Dividend Amount: Rs 4 per unit...
The Sensex is now trading around 18,300 levels and the Nifty is trading around 5480 levels. Some of the schemes have performed well in the past 6 months and some of the schemes lost their value more than the markets lost. So here is an update of the schemes that have performed well in the last 12 months (as on March, 9, 2011).
- Reliance Banking Fund – Growth – The scheme has delivered returns around 31.5 % in the last 12 months. The NAV is Rs 102.61 (March, 9, 2011)
- ICICI Prudential Technology Fund – Growth - The scheme has delivered returns...
