With effect from 24 April 2009
Birla Sun Life Mutual Fund has decided to introduce reinvestment option under dividend plan of Birla Sun Life Tax Plan, an open ended equity linked savings scheme (ELSS) with lock-in of 3 years, with effect from 24 April 2009.
The scheme has introduced reinvestment option along with existing payout and sweep options.
The investment objective of the scheme is to achieve long term growth of capital along with income tax relief for investment.
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