| Tax liability of 30.9% is calculated assuming individual investor falls in the top income tax slab of 30% & includes applicable cess. Tax liability of Rs. 10.3% is calculated assuming Long Term Capital Gains Tax of 10% and applicable cess without taking into account the indexed cost of acquisition for determining capital gains. These are based on prevailing taxation laws. In case of individual nature of tax implications, Investors are further advised to consult their tax advisor before making investments.
The Rating of 'mfAAA (so)' is pronounced as "mf triple A S O". The assigned rating is valid only for Birla Sun Life Capital Protection Oriented Fund - Series 2. The rating indicates highest degree of certainty for payment of face value of the mutual fund units on maturity to the unit holders. The rating should, however, not be construed as an indication of expected returns, prospective performance of the Mutual Fund scheme, NAV or of volatility in its returns. The Scheme offered is "oriented towards protection of capital" and "not with guaranteed returns". The orientation towards protection of the capital originates from the portfolio structure of the scheme and not from any bank guarantee, insurance cover, etc.
Statutory Details: Constitution: Birla Sun Life Mutual Fund (BSLMF) has been set up as a Trust under the Indian Trust Act, 1882. Sponsors: Aditya Birla Nuvo Limited and Sun Life (India) AMC Investments Inc. [liability restricted to seed corpus of Rs. 1 Lac] Trustee: Birla Sun Life Trustee company Pvt. Ltd. Investment Manager: Birla Sun Life Asset Management Company Ltd.
Scheme Classification & Objective: Birla Sun Life Capital Protection Oriented Fund-Series 2: (A close ended Capital Protection Oriented Scheme) with an objective To seek capital protection by investing in high quality fixed income securities maturing in line with the tenure of the scheme and seeking capital appreciation by investing in equity and equity related instruments. Tenure of the scheme: 36 months from the date of allotment. Asset Allocation: Debt securities and Money Market Instruments: 80%- 100%, Equities and Equity related instruments: 0%-20%. Load structure: Entry Load: Nil, Exit Load: Nil. Issue Price: Rs. 10/- per unit during the NFO period. Minimum Application Amount: Rs 5,000/- and in multiples of Rs. 10/- thereafter. Liquidity: As per the SEBI guidelines, no redemption/repurchase of units shall be allowed prior to the maturity of the scheme. Investors wishing to exit may do so through stock exchange mode.
Risk Factors: Mutual Funds and securities investments are subject to market risks and there can be no assurance or guarantee that the objectives of the Scheme will be achieved. As with any investment in securities, the NAV of the Units issued under the Scheme may go up or down depending on the various factors and forces affecting capital markets and money markets. Past performance of the Sponsors / Investment Manager / Mutual Fund does not indicate the future performance of the Scheme and may not necessarily provide a basis of comparison with other investments. Birla Sun Life Capital Protection Oriented Fund - Series 2 is only the name of the Scheme and does not in any manner, indicate either the quality of the Scheme or its future prospects or returns. Unitholders in the scheme are not being offered any guaranteed/assured returns. Scheme Specific Risk Factors: The ability of the portfolio to meet capital protection on maturit y to the investors can be impacted by interest rate movements in the market, credit defaults by bonds, expenses and reinvestment risk. The Scheme is required to have a minimum number of 20 investors and no single investor should account for more than 25% of its corpus immediately after the close of the NFO i.e. at the time of allotment. In case of non-fulfillment of any one of the aforesaid criteria, the scheme shall be wound up by following the guidelines prescribed by SEBI. Investments in the scheme shall be subject to various other risk factors including but not limited to risks associated with: investment in Equity and Equity related instruments, investment in Derivatives, investment in Debt Securities such as Price-Risk or Interest Rate Risk, Credit Risk, Liquidity or Marketability Risk, Reinvestment Risk etc, investments in Securitised Debt Assets, short selling etc. For further Scheme Specific Risk Factors & other details Investors should read the Statement of additional Inform ation/Scheme Information Document/Key Information Memorandum available at Investor Service Centres and with Distributors carefully before investing. Please refer www.birlasunlife.com for further details. |
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