Wednesday, December 31, 2008

Birla Sun Life Tax Relief '96: Introduction of Yearly SIP with Critical Illness Insurance

Yearly SIP with Critical Illness Insurance (upto attainment of 55 years of age) is being offered along with Yearly SIP in Birla Sun Life Tax Relief '96, an equity linked saving scheme (ELSS) with effect from December 04, 2008

This feature will be available with Yearly SIP only, to individuals (including NRIs) whose age is Between 18 years and 45 years at the time of first investment. The minimum amount of each installment is Rs. 10,000/-, paid through ECS only. The investment will be subject to an entry load of 2.50%

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