Birla Sunlife introduces another new FMP NFO- Birla Sunlife Fixed Term Plan Series DD

Birla Sunlife mutual fund has launched a new FMP NFO- Series DD- Should you invest?

FMP NFOs are a dime a dozen these days. The first question to ask is whether this particular FMP NFO from Birla Sunlife Mutual Fund is worth investing. Lets dig into the details of Birla Sunlife MF Fixed Term Series DD

Open and close dates- Birla Sunlife MF Fixed Term Series DD

This new FMP NFO from Birla Sunlife Mutual Fund opens on May 26 and closes on June 06. This means that unlike many other FMP NFOs, this FMP gives you some time to mobilize funds, in case you are interested in investing

Maturity Period for Birla Sunlife Fixed Term Series DD NFO

Birla Sunlife Fixed Term Series DD has a maturity period of 367 days. This means that investors in this FMP NFO will be eligible for indexation benefits

Management expenses for Birla Sunlife Fixed Term Series DD FMP NFO

The total expense for this NFO is 2.25% per the prospectus. This is quite high for a fund that is benchmarked against the CRISIL short term bond index

You can take your call whether to invest in the Birla Sunlife Fixed Term Series DD NFO

If you need any more information about this Birla Sunlife Term Series DD, pls read the FMP NFO prospectus

Birla Sunlife Mutual Fund has launched a new FMP – Fixed Term Plan Series CK

Another FMP from Birla Sunlife Mutual Fund- Fixed Term Plan Series CK

Birla Sunlife Mutual Fund seems quite committed to launching new Fixed Maturity Plans of varied maturities. Fixed Term Plan Series CK is yet another FMP NFO in that category

Open and closing dates for Birla Sunlife Mutual Fund Fixed Term Plan Series CK

Birla Sunlife Mutual Fund Fixed Term Plan Series CK
• Open date of Fixed Term Plan Series CK NFO issue : 30 December 2010
• Close date of Fixed Term Plan Series CK NFO issue : 6 January 2011

Birla Sunlife Mutual Fund Fixed Term Plan Series CK – maturity period of this FMP

The maturity period of Fixed Term Plan Series CK is 368 days. This means that the FMP will qualify for single indexation tax benefits

The final review- Birla Sunlife Fixed Term Plan Series CK

While Fixed Term Plan Series CK qualifies for single year indexation benefits for taxes, some may like to wait for other FMPs to be launched particularly at the end of the calendar year, that may allow for double indexation tax benefits

Application form for Birla Sunlife Fixed Term Series CK

Birla Sunlife Fixed Term Plan Series B1 (RP(G),RP(D),IP(G),IP(D))

Birla Sunlife Fixed Term Plan Series B1-RP(G),IP(G),RP(D),IP(D)

Birla Sunlife Mutual Fund has introduced a new FMP (Fixed Maturity plan). Birla refers to the FMP as a FTP (Fixed Term Plan)

Birla Sunlife FTP Series B1 FMP variants

The Birla Sunlife FTP Series B1 fixed maturity plan comes in four variants – RP(G), IP(G), IP(D),RP(D). Essentially, Birla Sunlife FTP Series B1 FMP is available for retail participants and institutional investors

Also, Birla Sunlife FTP series B1 is available in dividend and growth options for the retail and institutional investor

Birla Sunlife FTP Series B1 open and close dates

Birla Sunlife FTP Series B1 FMP : Open date for the NFO is 23 October 2008

Close date for the Birla Sunlife Series B1 FMP is 4 November 2008