Birla Sun Life MF Launches Capital Protection Oriented Fund
Bangalore: Birla Sun Life Mutual Fund has launched a new fund 'Birla Sun Life Capital Protection Oriented Fund - Series 7.' It is a close ended capital protection oriented scheme with duration of 36 months from the date of allotment. The new issue will be open for subscription from 15th September till 29th September 2011.
The investment objective of the scheme is to provide capital appreciation linked to equity market with downside protection at the end of tenure. No entry and exit load will be charged under the scheme. The fund offers growth option only with minimum application amount of 
5,000 and multiples of 10
The performance of the scheme will be benchmarked against CRISIL Balanced Fund Index. The fund will be jointly managed by Satyabrata Mohanty and Ajay Garg.
5,000 and multiples of 10
The performance of the scheme will be benchmarked against CRISIL Balanced Fund Index. The fund will be jointly managed by Satyabrata Mohanty and Ajay Garg.