Aditya Birla Sun Life Child Prediction Scheme attracts investors of 244 places

Aditya Birla Sun Life AMC raised around Rs 100 crore during the NFO of Aditya Birla Sun Life Bal Bhavishya Yojna.

This fund attracted investors from 244 locations across the country, out of which 55% applications were sent from B 30 cities (excluding top 30 cities). 

In the period of NFO, the fund received 44,661 applications, of which nearly 50% came through SIP. According to the fund house, the visible commitment through SIP during the NFO period is crucial in the child planning block.

Aditya Birla Sun Life AMC Chief Executive Officer (CEO) A Balasubramanian has said that getting 55% applications from B-30 cities is very encouraging. According to him, it is a confirmation of the fact that the understanding of the need for long term financial planning is no longer limited to the urban area, but this development is nationwide and is bringing more people into the disciplined investment and future plans.

Let us know that Aditya Birla Sun Life Bal Panchayat Scheme aims to help investors fulfill the financial needs of their children’s future, which include expenses, marriage and livelihood goals for higher education.

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