Birla Long Term Advantage Fund open for subscription

Birla Long Term Advantage Fund - NEW FUND OFFER

Issue Opens on - August 7, 2006

Issue Closes on - September 8, 2006

For Subscription, Contact: 9841289586 or stockpicks@gmail.com

Highlights of the Scheme:

• Birla Sun Life Mutual Fund is launching Birla Long Term Advantage Fund, a five year closed-end equity scheme which will be converted to an open-ended scheme on maturity.
• No entry load during NFO.
• The scheme would invest in a diversified portfolio of equity and equity related securities, and benchmark its performance against BSE Sensex.
• The scheme will offer redemption facility intermittently for a period of 5 business days every month commencing from the first business day of each month after the date of allotment. The unamortised portion of the NFO expenses will be recovered from the investor in case of redemption or switch-out before the expiry of 5 years from the date of allotment.

Source : Equity Bulls

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