Mutual Fund Investment: What are Saving Solutions?

Mutual Fund Investment: What are Saving Solutions?

Birla Sun Life MF (Mutual Fund) Savings Solutions

What are Saving Solutions?

Birla Sun Life MF Savings Solutions are aimed at preserving your money, providing you with liquidity and giving you

tax-efficient returns.

Who can benefit from Saving Solutions?

This is an ideal solutions for investors who have low - medium propensity for risk and high liquidity. These can be ideal for first time investors in mutual funds.

Benefits of Savings Solutions:

1. Make Inflation work in your favour..!

 Inflation affects your returns from any investment including mutual funds. But, in case of savings solutions, you can use it to your advantage - through indexation - which can help you reduce the amount on which you have to pay tax.

You can benefit from indexation, if investing for more than 1 year. Please consult your tax advisor on how to take advantage of indexation.

2. Aim to preserve your money..!

 These schemes generally invest in instruments like bonds of reputed Indian companies and securities (bonds) issued by the Government of India which are considered relatively safe.

3. Aim to provide Liquidity..!

If you need to withdraw your money, all you have to do is submit a redemption slip and your money is normally credited to your bank account within one working day. You may also opt for an online redemption facility offered by many fund houses

for added convenience.

4. Tax-efficient returns..!

 You can earn returns in the form of monthly / quarterly dividends etc. which are completely tax-free in your hands.

A dividend distribution tax of 28.325% is applicable and is deducted by the fund house.

There are various savings solutions available depending on the time period that you would like to invest for:

(A) 1 day to 3 months

(B.) 3 to 6 months

(C) 6 months to 1 year d. 1 year +

The DDT rate of 28.325% is effective June 01, 2013 and further, upto May 31, 2013 DDT rate applicable shall be 14.1625% as amended by Finance Bill/Act 2013.

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.

Investors are advised to consult their tax advisor in view of individual nature of tax benefits

The Financial Solution (Savings Solution) stated above is ONLY for highlighting the many advantages perceived from investments in Mutual Funds but does not in any manner, indicate or imply,either the quality of any particular Scheme or guarantee any specific performance/returns.stated above is ONLY for highlighting the many advantages perceived from investments in Mutual Funds but does not in any manner, indicate or imply, either the quality of any particular Scheme or guarantee any specific performance/returns.

Mutual Fund: Birla Sun Life Mutual Fund.

Asset Management Company/Investment Manager:

Birla Sun Life Asset Management Company Ltd.

CIN: U65991MH1994PLC080811.

Registered Office: One India Bulls Centre, Tower - 1, 17th Floor, Jupiter Mill Compound, 841, S. B. Marg,

Elphinstone Road, Mumbai - 400013.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

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