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Birla Sun Life offers new fund

Special Correspondent

KOCHI: Birla Sun Life Asset Management Company Limited has announced the launch of a new international equity fund. This open-ended diversified equity scheme opens on September 17 and closes on October 16, said Raghvendra Nath, vice president of marketing & strategy of the company. This is the first time that the equity investors in the country are getting a chance to invest in international stocks. The scheme has two plans: Plan A would invest in diversified portfolio of international stocks from across the world and Plan B would be a mix of domestic ( 65-75 % ) and International stocks ( 25-35 %).

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