Thursday, 7 July 2011

Birla Sun Life Nifty ETF Launched

Birla Sun Life Nifty ETF is the New Mutual Fund Offer just launched on 4th July, 2011 by the Birla Sun Life Mutual Fund,  Birla Sun Life Nifty ETF is and open ended exchange traded fund.

As per the words of Birla Sun Life Asset Management Chief Executive Officer A Balasubramanian, "Birla Sun Life Nifty ETF reinforces our existing range of financial solutions that are aligned with investor needs. Given that Nifty is well diversified and gives exposure to a wide range of sectors, this Fund can provide long term stability to investors,"  (As reported by The Economic Times)

The New ETF offers only growth plan and the minimum amount of Rs. 5000 should be invested  for the scheme and the multiples of Rs. 1000 extra for each additional investment. If you want to know more about the fund, just visit the respective website and know more about Birla Sun Life Nifty ETF and Fund House to invest in the fund.

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