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Wednesday, November 21, 2012

Birla Sunlife Fixed Term Plan - Series GA (518 days)

Birla Sunlife Fixed Term Plan - Series GA (518 days)
(A Close ended Income Scheme)

Birla Sun Life Fixed Term Plan - Series GA (518 days)
NFO OpensNovember 22, 2012
NFO ClosesNovember 26, 2012
Scheme Duration518 days from and including date of allotment
Minimum Investment Amount5000/- and in multiples of 10/- thereafter
NFO Price10/- per unit
Tax Benefits: The scheme can also give your investor the benefit of tax efficiency by enjoying the advantage of double indexation or a lower tax rate of 10.3%. 

Tax liability of 10.3% is calculated assuming Long Term Capital Gains Tax for Individual investor 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. Further, Investors are requested to note that fiscal laws may change from time to time and there can be no guarantee that the current tax position may continue in the future. In case of individual nature of tax implications, investors are further advised to consult their tax advisor before making investments.

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