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Saturday, June 27, 2009

Birla Sun Life MF discontinues Yearly SIP with Critical illness insurance

With effect from 30 June 2009

Birla Sun Life Mutual Fund has decided to discontinue Yearly SIP with Critical Illness Insurance, an add-on facility, offered under Birla Sun Life Tax Relief'96, an open ended equity linked saving scheme with a lock-in of 3 years, with effect from 30 June 2009.

Application forms of Yearly SIP with Critical Illness Insurance received, by any mode after the closure will be rejected. Investors who are already enrolled to the plan will continue to receive the cover as per the terms and conditions mentioned date 3 December 2008.

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