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BSL Tax Plan






(An Open ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years)
Two is always better then one.

Highlights:

  • Long term capital growth
  • Investments in equity and equity related securities, with tax benefit under section 80C, subject to eligibility

 

 
 
 
Birla Sun Life Tax Plan (BSLTP) aims at achieving long term growth of capital along with Income Tax benefits for investors. It follows a bottom-up approach to investing, where the emphasis is on identifying companies in quality businesses with a strong competitive position and run by quality management. Essentially the focus is on long term fundamentally driven values. The fund offers superior growth opportunities. Since investments are planned for a 3 year period it helps the Fund Manager to take a long term view while selecting stocks and not remain constrained by short term liquidity pressures.
 
Tax Benefits U/S 80C:
 
Investments in this fund would enable you to avail benefits under Section 80C of the Income Tax Act, 1961. Investments upto Rs. 1 lakh by eligible investors in the scheme may qualify for deductions. Investors are requested to consult their tax advisor in this regard.
 
Opportunity For Wealth Creation:
 
Equities inherently offer a potential for better returns as compared to Debt instruments, which are fixed or restrictive in nature. Most of the other options under Section 80C like PPF, NSC, Bonds, etc. represent fixed returns with higher lock-in periods. However, BEP offers a lock-in of only 3 years and the potential of higher returns.
 
Get the latest NAV on SMS, sendNAV <231G> as an SMS to 567679. Premium SMS charges apply. 
  

Disclaimer

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

Scheme Name Birla Sun Life Tax Plan
Nature of scheme An Open ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years from the date of allotment.
Inception Date (Date Of Allotment) 16-February-1999
Scheme Objective

A fund that provides an opportunity to save tax while growing your money through Equity investments.

Asset Allocation

Atleast 80% in equity, and equity linked instruments. Upto 20% in short term, money market & liquid instrument.

Investment Strategy

The Scheme would adopt bottom-up approach of investing. An investment approach whereby the Fund will search for individual stocks that are performing well. This approach assumes that individual corporations can do well even though its industry is not doing well. The investment emphasis of the Scheme will be in identifying companies with strong competitive position in good businesses, and having quality managements. Essentially focusing on long term fundamentally driven values. The fixed income investment strategy would emphasise investment in instruments that generate consistently superior yields at low levels of risk.

Fund Manager Mr. Ajay Garg
Investor Risk Profile Medium to High
Investment Plans / Options
Dividend (Payout, Reinvestment & Sweep) Growth
Investment Option by default Dividend Payout
Minimum subscription amount
Rs.500/- and in multiples of of Re. 1/- thereafter
Minimum additional investment
Rs. 1,000/- and in multiples of Re. 1/- thereafter
Entry Load* Nil
Exit Load
Nil
Current Expense Ratio 2.50% (With Effect from 01-Apr-2009)
Benchmark BSE Sensex
Indicative Dividend Calendar
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 Tax Plan
Systematic Investment Plan (SIP)
Create wealth through step-by-step investments. More Details
Systematic Investment Plan - SIP (Load Structure Applicable)

Entry Load : As applicable to the scheme. Exit Load : As applicable to the scheme.​

Systematic Transfer Plan (STP)
Allows the Investor to invest in a debt oriented scheme with stable returns and systematically transfer to an equity oriented scheme, thereby taking advantage of their wealth creating potential. Transfer IN Facility available. More Details
Systematic Transfer Plan - STP (Load Structure Applicable)

Exit Load at time of transfer out of Debt Scheme: Nil. Entry Load at time of transfer into Equity Scheme: Entry Load as applicable to respective Scheme. Exit Load at time of redemption / repurchase: Exit Load as applicable to respective scheme.​

No Additional Products Available

Birla Sun Life Tax Plan


(An Open ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years)

This product is suitable for investors who are seeking:
  • long term capital growth
  • investments in equity and equity related securities, with tax benefit under section 80C, subject to eligibility.
investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Other Funds

Total Funds (1)

Market Updates

NAVs

Dividends

Toll Free:1-800-270-7000
(MTNL/BSNL):1-800-22-7000
Outside India:
022-66917777
(Call charges apply)

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

New Fund Offers (NFO)

Mutual Fund Dictionary

Advice

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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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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.

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