Saturday, September 13, 2008

Birla Sun Life Commodity Equities Fund - NFO

Birla Sun Life Commodity Equities Fund is opening on September 15th 2008 .
More Details are as follows.
Name of the Scheme : Birla Sun Life Commodity Equities Fund
Structure : An Open Ended Growth Scheme
Investment Objective : 
An open-ended Growth Scheme with the objective to offer long term growth of capital, by investing in
(1) stocks of commodity companies, i.e., companies engaged in or focusing on or benefiting from the specified commodity business and/or
(2) scheme(s), that invest predominantly in commodity linked stocks. If and when allowed by the regulator, the Fund may also invest in commodity derivatives or such mutual fund Schemes that invest in commodity derivatives.These securities could be issued in India or overseas.
Various Fund under this Plan 
• Birla Sun Life Commodity Equities Fund – Global Energy Plan
• Birla Sun Life Commodity Equities Fund – Global Precious Metals Plan
• Birla Sun Life Commodity Equities Fund – Global Agri Plan
• Birla Sun Life Commodity Equities Fund – Global Water Plan
• Birla Sun Life Commodity Equities Fund – Global Multi Commodity Plan
• Birla Sun Life Commodity Equities Fund – India Multi Commodity Plan
Each Plan shall have a Separate Portfolio.
Minimum Application Amount
Retail Plan: Minimum of Rs. 5,000/- and in multiples of Re. 1/- thereafter during the
NFO period and ongoing basis.
Institutional Plan: Minimum of Rs. 5,00,00,000/ and in multiples of Re. 1/- thereafter
during the NFO period and ongoing basis.
Minimum Additional Application Amount
Retail Plan: Minimum of Rs. 1,000/- and in multiples of Re 1/- thereafter on an
ongoing basis.
Institutional Plan: Minimum of Rs. 10,000/- and in multiples of Re 1/- thereafter on
an ongoing basis.
Minimum Redemption Amount
In Multiples of Re. 1/-
Minimum Target Amount to be raised
Rs. 1,00,00,000/- during the New Fund Offer Period.
New Fund Offer Price
Rs. 10/- per unit for cash plus applicable entry load.
Repatriation Facility :
NRIs, FIIs and PIOs may invest in the scheme on a full repatriation basis.(Investment will be governed by rules laid down by RBI/SEBI in this regard).
Mutual Fund Offer Document

Source:http://www.rupya.com/archives/2008/09/13/birla-sun-life-commodity-equities-fund-new-fund-offer/

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