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Sometimes in our life, we take a lot of things for face value and not dig deep enough to realize their true potential. Similarly, we tend to do the same with our hard earned money by leaving it in our savings account and depriving ourselves the chance to unleash its true power.
With Birla Sun Life Cash Manager
, give yourself the chance to create wealth by investing in a fund that not only keeps your money easily accessible but also offers you an opportunity to earn a little more.
Aim for wealth creation
The objective of the scheme is to provide income which is consistent with portfolio through investments in a basket of debt and money market instruments of very short maturities with a view to provide reasonable returns.
The aim of the investment strategy is to provide stable returns by minimizing the interest rate risk in the short as well as long term. The Scheme aims to identify securities, which offer superior levels of yield at lower levels of risks. Liquidity will also be an important criterion and a reasonable proportion of the investment will be made in relatively liquid investments. In addition, the Fund Management team will study the macro-economic conditions affecting liquidity and interest rates. The Fund Manager would use this analysis to attempt to predict the likely direction of interest rates and position the portfolio appropriately to take advantage of the same.
You can redeem your investment in BSL Cash Manager anytime as per your convenience. You can avail of the direct credit facility to your bank account and the redemption amount normally gets credited to your registered bank account with the Fund normally within two working days from date of receipt of redemption request. For the latest load structure applicable to the scheme, please visit mutualfund.birlasunlife.com
Daily or Weekly Dividend Option
BSL Cash Manager gives you an opportunity to choose between daily and weekly dividend options.
Investors should note that declaration of dividends is at the discretion of Trustees and subject to availability of distributable surplus and there is no guarantee or assurance on the frequency or quantum of dividends
Get the latest NAV on SMS, send NAV <46N> as an SMS to 567679. Premium SMS charges apply.