Birla Sun Life Mutual Fund has announced a change in the investment pattern and asset allocation of Birla Sun Life Dividend Yield Plus with effect from December 17, 2012.

The scheme shall invest in equity stocks that have a high dividend yield meaning thereby the dividend yield which is greater than that of Nifty last published by NSE. Presently, the dividend yield is considered high if it is in excess of twice the yield of BSE Sensex.

Moreover, the scheme shall invest 65-100% in high dividend yield equity and equity related instruments, the scheme can invest a maximum of 35% in other equity and equity related instruments and 20% in debt and money market instruments. Presently, there is no lower limit for equity and equity related instruments and for cash and money market instruments, it is upto 10%.

Due to a change in the fundamental attributes, the unit holders are being given an option to exit the scheme from November 15, 2012 to December 14, 2012 without paying an exit load.

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

1. ICICI Prudential Tax PlanInvest Online
2. HDFC TaxSaver Invest Online
3. DSP BlackRock Tax Saver Fund Invest Online
4. Reliance Tax Saver (ELSS) Fund Invest Online
5. Birla Sun Life Tax Relief '96 Invest Online
6. IDFC Tax Advantage (ELSS) Fund Invest Online
7. SBI Magnum Tax Gain Scheme 1993 Invest Online
8. Sundaram Tax Saver Invest Online
9. Edelweiss ELSS Invest Online
   
   ----------------------------------------

Happy Investing!!

We can help. Call 0 94 8300 8300 (India)

Leave your comment with mail ID and we will answer them

OR

You can write back to us at PrajnaCapital [at] Gmail [dot] Com

---------------------------------------------

Invest Mutual Funds Online

Transact Mutual Fund Online

Download Mutual Fund Application Forms from all AMCs

Download Mutual Fund Application Forms

Best Performing Mutual Funds

1. Largecap FundsInvest Online
1. DSP BlackRock Top 100 Fund
2. ICICI Prudential Focused Blue Chip Fund
3. Birla Sun Life Front Line Equity Fund
2. Large and Midcap FundsInvest Online

1. ICICI Prudential Dynamic Plan
2. HDFC Top 200 Fund
3. UTI Dividend Yield Fund
2. Mid and SmallCap FundsInvest Online

1. Reliance Equity Opportunities Fund
2. DSP BlackRock Small & Midcap Fund
3. Sundaram Select Midcap
4. IDFC Premier Equity Fund
3. Small and MicroCap FundsInvest Online

1. DSP BlackRock MicroCap Fund
4. Sector FundsInvest Online

1. Reliance Banking Fund
2. Reliance Banking Fund
5. Gold Mutual Funds Invest Online

1. Relaince Gold Savings Fund
2. ICICI Prudential Regular Gold Savings Fund
3. HDFC Gold Fund