CanIncome Debt Fund

Birla Index Fund

Issue details
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Opening date	September 10, 2002	Issue price	Rs.10/-
Closing date	September 17, 2002	Minimum investment	Rs.5,000/-
Entry load	Nil	Type	Open-ended equity fund
Exit load	1%, for <=Rs.5 lacs. Nil, > Rs.5 lacs

Nature of the Scheme:The objective is to generate returns that are commensurate with the performance of the Nifty subject to tracking errors.

Highlights

This scheme offers dividend plan and growth plan.

The scheme offers the unit holders an option to switch all or part of their investment in the scheme to any other scheme of Birla Sunlife Mutual Fund.

The entire initial issue expenses of the respective Plans will be borne by the AMC.

Investment Strategy

The scheme will be managed passively with investments in stocks in a proportionate that is as close as possible to the weightages of these stocks in the Nifty.

Performance of other funds in the fund house

Name	1 months	3 months	1 year	3 years	inception
Birla Cash Plus	0.56%	1.71%	7.48%	8.62%	9.04%
Birla Income Plus	1.13%	4.59%	13.34%	13.67%	13.73%
Birla Gilt Plus	0.94%	4.89%	16.68%	N/A	15.98%

Risk Perception

Schemes in Birla Sunlife have given slow but steady returns to the investors. However, two issues remain. First, is the issue of tracking error as a result of which the returns of the fund may not replicate that of the index. Second is the issue of the movement of the index. The fund is advisable only for investors with a appetite for risk.