Breaking News

You are here » Indian-Commodity  :  Mutual Funds  :  Birla Sun Life Mutual Fund files offer document for Emerging Leaders Fund - Dividend Trigger Plan - Series 1 and Series 2

19-Mar2014

Birla Sun Life Mutual Fund files offer document for Emerging Leaders Fund - Dividend Trigger Plan - Series 1 and Series 2

Birla Sun Life Mutual Fund has filed offer document with SEBI to launch a close ended equity scheme named as "Birla Sun Life Emerging Leaders Fund-Dividend Trigger Plan-Series 1 and Series 2 ". The New Fund Offer price is Rs 10 per unit.

Entry and exit load charges will be nil for the scheme. The scheme offers growth and dividend option and seeks to collect a Minimum Target Amount of Rs 20 crore.

The scheme will be benchmarked against S&P BSE Midcap Index. The minimum application amount is Rs 5000 and in multiples of Rs 10 thereafter.

The investment objective of the scheme is to generate long-term capital appreciation by investing predominantly in equity and equity related securities of Small & Mid Cap companies.


Related News

View all news

IDFC Mutual Fund introduces Fixed Term Plan Series-115 (1097days)

IDFC Mutual Fund has launched the IDFC Fixed Term Plan Series-115 (1097days), a close ended income scheme. The NFO opens for subscription on August 03, 2015 and closes on August 06, 2015. No entry load......

Birla Sun Life Mutual Fund files offer document for Capital Protection Oriented Fund - Series 29 to Series 31

Birla Sun Life Mutual Fund has filed offer document with SEBI to launch a close ended capital protection oriented scheme as “Birla Sun Life Capital Protection Oriented Fund-Series 29 to Series 31”. The......

ICICI Prudential Mutual Fund introduces Fixed Maturity Plan-Series 77-1101 Days Plan P

ICICI Prudential Mutual Fund has launched the ICICI Prudential Fixed Maturity Plan-Series 77-1101 Days Plan P, a close ended income scheme. The NFO opens for subscription on July 30, 2015 and closes on......

Top News

View all news

Maruti, L&T and Hero MotoCorp to see some action

Maruti Suzuki India, country's largest car maker, has registered a rise of 20.1% in its total car sales (Domestic + Export) for the month of July 2015 at 121,712 units, as against 101,380 units in July......

Core sector growth slows down to 3% in June

Showing signs of inconsistent industrial growth, the Index of Eight Core Industries-coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity, which comprises nearly 38%......

IOC, RCom, Bank of Baroda and Vakrangee to see some action

Indian Oil Corporation (IOC) wants to buy more crude oil from Cairn India's Barmer, Rajasthan fields, but at an acceptable price. The main buyers of Cairn's Rajasthan oil are - Reliance Industries, Essar......