Birla Sun Life MF has decided to extend Centurty SIP an add-on, optional feature under the Birla Sun Life Freedom Fund and Birla Sun Life Commodity Equities Fund (Global Agri Plan, Global Multi Commodities Plan and Global Precious Metal Plan) in addition to the Regular SIP facility offered under the schemes and in addition to the other designated schemes for Century SIP, with effect from 06 May 2009.
Century SIP, a unique systematic investment plan offers an opportunity to create wealth with as little as Rs 1,000 per month plus a life insurance cover of up to 100 times the monthly installment. The life insurance cover by Birla Sun Life Insurance comes at no extra cost to the investor. The minimum monthly investment under this feature is Rs 1,000 and the maximum sum assured will be limited to Rs 20 lakh.