Birla Sun Life - Equity Schemes - Mutual Funds-3

Birla Long Term Advantage Fund

Birla Long Term Advantage Fund is a five year closed-end equity scheme with an objective of providing for long-term capital appreciation, by investing predominantly in a diversified portfolio of equity and equity related securities.

Birla Long Term Advantage Fund would invest in a portfolio of reasonably priced stocks that are expected to post attractive growth in the next 3-5 years' horizon.

More..

Birla Equity Plan

Birla Equity Plan (BEP) 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.

Birla Tax Plan '98

Birla Tax Plan 98 is a Close-Ended equity linked savings scheme (ELSS) launched in December 1997. Essentially the focus is on long term fundamentally driven values. The fund offers superior growth opportunities since investments are planned taking a long-term view and not constrained by short-term liquidity pressures. 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.

More..