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Birla Century SIP

Birla Sun Life Mutual Fund brings you Century SIP – a Systematic Investment Plan with the extra benefit of a life insurance cover. That too at no extra cost!

Systematic Investment Plan (SIP) can help you achieve your long - term financial goals systematically and with ease:

  • Set aside small amounts regularly to reach your financial goals in a disciplined way.
  • Invest conveniently, as your monthly SIP installment automatically gets transferred from your bank account.

Additional benefit of free Life Insurance Cover: Century SIP gives you the extra Security of a complimentary Life Insurance Cover to secure your child's future.

  • 100x: You can get Life Insurance Cover of upto 100 times your monthly installment. Here's how the Life Insurance cover works for you:
  • 1st Year: 10 times the monthly SIP amount
  • 2nd Year: 50 times the monthly SIP amount
  • 3rd year and beyond: 100 times the monthly SIP amount

The Life Insurance Cover stops after you reach the age of 55 years. In case of an unfortunate event, the beneficiary will get the insurance amount plus the fund value.

  • Large Cover: Your total Life Insurance Cover can be upto a maximum of ` 20 Lacs across all schemes/plans/folios.
  • Hassle Free: There are no medical tests required, making it a hassle-free insurance. Only a genuine 'Good Health Declaration' is to be signed by the investor as given in the application form.
  • Continuity: Your Life Insurance Cover continues even if you stop your Century SIP installments after 3 years. In this case, the Life Insurance Cover will be the same as your fund value. The cover ceases to exist on
    full/partial redemption or switching prior to completion of the SIP tenure.
  • Life Insurance at no extra cost: The cost of Life Insurance will be entirely borne by Birla Sun Life Asset Management Company Limited.
  • Minimum/Maximum entry age for Insurance Cover: 18 years/below 46 years.

Disclaimer: Life Insurance cover is subject to limits and other terms and conditions as specified for availing Century SIP, an optional, add-on, facility made available under designated schemes of Birla Sun Life Mutual Fund. This one pager contains only few features of Century SIP. For further details and terms and conditions investors are requested to refer to the Scheme Information Document of designated schemes or visit our website before availing Century SIP. Further, the Group Life Insurance Cover will be governed by the terms, conditions & exclusions of the insurance policy with the relevant Insurance Company as determined by the Birla Sun Life Asset Management Co. Ltd. (AMC). The AMC reserves a right to modify/annul the said Group Insurance Cover on a prospective basis. Insurance is a subject matter of solicitation.

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