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Apr 21, 2011

Birla Century SIP

Protection and wealth creation are the two objectives of any investor. Birla Sun Life Mutual fund now offers you the benefit of both through Birla Sun Life Century SIP (CSIP).
Wealth Creation - Systematic Investment Plans (SIP) as a mode of investment is known to create long term wealth for the investor.
Protection - Century SIP offers its investors Life Insurance Cover of upto 100 times the SIP installment amount.
The Insurance cover available with Century SIP will be absolutely free for the investor. The cost of insurance will be entirely borne by the AMC.

Benefits to Family / Nominee
In the unfortunate event of the demise of an investor during the tenure of the SIP, the nominee gets the Fund Value + Insurance Cover equivalent upto 100 times monthly SIP installments. Also no exit load will be charged for redemption / switching out of units by the nominee.
Consider the following example:
Assuming a scenario where in an investor had started a 10 year CSIP @ Rs. 20,000 pm installment and a rate of return @ 8%p.a.

On completion of the CSIP tenure, value of investment and insurance cover would be Rs. 36.59 lakhs and Rs. 20 lakhs respectively.

The illustration below explains the same.


To Apply this Birla Century SIP Call: 0-9910-009-312 or write to us at info@safeinvestindia.com

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