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Objective : Birla Sun Life New Millennium Fund is a multi-sector open-end growth scheme with the objective of long-term capital gain through portfolio investment in technology and technology dependent companies.
Structure : Open ended scheme.
Inception Date : January 15, 2000
Plans and Options under the Plan :
Dividend and Growth Options.
Face Value (Rs/Unit): Rs 10
Minimum Investment :
Rs.5, 000/- and in multiples of Re. 1/- thereafter.
Entry Load : Less than Rs. 5 crores - 2.25%. Equal to or greater than Rs. 5 crores - Nil
Exit Load : Up to Rs. 5 crore - 0.50% if the units are redeemed / switched out within 6 months from the date of allotment. Greater than 5 crores- Nil
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