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Declaration


The information and data contained in this Website do not constitute distribution, an offer to buy or sell or solicitation of an offer to buy or sell any Schemes/Units of Birla Sun Life Mutual Fund (BSLMF), securities or financial instruments in any jurisdiction in which such distribution, sale or offer is not authorised. In particular, the information herein is not for distribution and does not constitute an offer to buy or sell or the solicitation of any offer to buy or sell any securities or financial instruments in the United States of America ("US") and Canada to or for the benefit of United States persons (being persons resident in the US, corporations, partnerships or other entities created or organised in or under the laws of the US or any person falling within the definition of the term "US Person" under the US Securities Act of 1933, as amended) and persons of Canada.

By entering this Website or accessing any data contained in this Website, I/We hereby confirm that I/We am/are not a U.S. person, within the definition of the term 'US Person' under the US Securities laws/resident of Canada. I/We hereby confirm that I/We are not giving a false confirmation and/or disguising my/our country of residence. I/We confirm that Birla Sun Life Mutual Fund / Birla Sun Life Asset Management Company Limited (BSLAMC) is relying upon this confirmation and in no event shall the directors, officers, employees, trustees, agents of BSLAMC associate/group companies be liable for any direct, indirect, incidental or consequential damages arising out of false confirmation provided.

Birla Sun Life Savings Fund

BSL Savings Fund






(An Open ended Short Term Income Scheme)
Two is always better then one.

Highlights:

  • Reasonable returns with convenience of liquidity over short term
  • Investments in debt and money market instruments

 

 
 
 
Money on holiday in savings account?
 
When you have extra money, you park it in your savings account. This isbecause you can withdraw it at any time and also enjoy some interestwhile it is in your account.
 
While a savings account is a good option to keep your money handy, the interest it earns does not even match up with inflation (the avg. inflation rate in the last 5 years was 5.88%!). So what is the option?
 
The smart parking option is Birla Sun Life Savings Fund (BSL Savings Fund). It keeps your money as liquid as a savings account, yet offers you the potential to earn more than the savings bank interest.
 
Highlights
 
1. Safety and liquidity with tax efficient returns
 
High Liquidity
 
You can withdraw your investment in BSL Savings Fund at any time without any charge. There is no entry or exit load. You can avail of the direct credit facility to your bank A/c and the withdrawn amount automatically gets credited to your bank within one working day if you give us a withdrawal request before 3 p.m.
 
Get the latest NAV on SMS, send NAV <131G> as an SMS to 567679
 
 
 
 
 

Disclaimer

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Scheme Name Birla Sun Life Savings Fund
Nature of scheme An open ended Short Term Income Scheme
Inception Date (Date Of Allotment) 27-November-2001
Scheme Objective
A fund that aims to provide the convenience of a savings account with the opportunity to earn higher post-tax returns. (Investors are advised to consult their tax advisor in view of individual nature of tax benefits.)
Asset Allocation

Upto 100% in debt and money market instruments. The scheme may invest a maximum of 50% in securitised debt.

Investment Strategy
The investment emphasis of the scheme will be in identifying companies with a strong competitive position in good businesses, and having quality managements. The investment strategy would emphasis investment in instruments that generate consistently super.
Fund Manager Mr. Maneesh Dangi and Mr. Kaustubh Gupta
Investor Risk Profile Low to Medium
Investment Plans / Options
Retail Plan: Daily Dividend Reinvestment Weekly Dividend (Payout & Reinvestment) Growth Institutional Plan: Daily Dividend Reinvestment Weekly Dividend (Payout & Reinvestment) Growth
Investment Option by default Appln of less than Rs. 1 cr - Retail Plan - Weekly Dividend Reinv. Appln of equal to or greater than Rs. 1 cr - Inst. Plan - Daily Dividend Reinv.
Minimum subscription amount
Purchase (Including Switch-in): Rs. 5,000/- and in multiples of Rs. 1/- thereafter Additional Purchase (Including Switch-in): Rs. 1,000/- and in multiples of Rs. 1/- thereafter.
Minimum additional investment
Rs. 1,000/- and in multiples of Re. 1/- thereafter
Entry Load* Nil
Exit Load
Nil
Benchmark CRISIL Short-Term Bond Fund Index
Indicative Dividend Calendar
Weekly Dividend - Friday of each week Fortnightly Dividend - 14th and 28th of every month Monthly Dividend - Last Friday of the month At the Discretion of Trustees.

*In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.

Historical NAV & Dividend

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Additional Products

Scheme Name Birla Sun Life Savings Fund
No Additional Products Available

Birla Sun Life Savings Fund

BSL Savings Fund


(An Open ended Short Term Income Scheme)

This product is suitable for investors who are seeking:
  • reasonable returns with convenience of liquidity over short term
  • investments in debt and money market instruments
investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Market Updates

NAVs

Dividends

Toll Free:1-800-270-7000
(MTNL/BSNL):1-800-22-7000
Outside India:
+91-22-66917777
(Call charges apply)

Between 9 AM to 9 PM, All days (IST)

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Disclaimer

The views, opinions and recommendations mentioned herein are those of the Investment Advisor alone and should not be construed as investment advice to any party and are not necessarily those of Birla Sun Life Asset Management Company Ltd.(BSLAMC) or any of their officers, employees, personnel, directors and further, BSLAMC / its subsidiaries / affiliates / sponsors / trustee or their officers, employees, personnel, directors make no representation or warranty, express or implied, as to the accuracy, completeness or reliability of the content and shall not be liable for any loss, damage, liability whatsoever for any direct or indirect loss arising from the use or access of such information.

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