(1888PressRelease)
February 18, 2009 - Birla Sun Life Mutual Fund, one of the India’s top 5 mutual fund houses, has bagged ‘Star Fund house of the year’ award in the Debt category in the ICRA Mutual Fund Awards 2009 held in Mumbai. Apart from the Star Fund House award, Birla Sun Life Mutual Fund was also honoured with 7 star rating for Dynamic Bond Fund and seven 5 star ratings for following funds -
BSL Gilt Plus regular plan
BSL Frontline Equity Fund (two 5 Star rating for 3 year and 1 year performance)
BSL Dividend Yield Plus
BSL MNC Fund
BSL Liquid Plus - Institutional Plan
BSL Income Plus
Speaking on the occasion, Mr. Anil Kumar, Chief Executive Officer, Birla Sun Life AMC, said, “It is truly an honour to receive awards of such stature. ICRA carries a strong credibility as an independent rating agency and recognition from them underscores the professionalism, expertise & commitment that everyone at Birla Sun Life AMC brings to its customers.”
Birla Sun Life Mutual Fund believes in consistent performance and the same has been duly recognized by various institutes of international repute. Birla Sun Life Mutual Fund was awarded “The Mutual Fund house of the year” by CNBC TV18-CRISIL in March 2008. Birla Sun Life Mutual Fund also has the most number of 5 star rated schemes and the most number of 4 and 5 star rated schemes combined as per Value Research rating as of November 2008. Industry recognition for consistent performance also came in the form of two awards won by the fund house at the ICRA Fund Awards, as also four awards from Lipper, a Reuters promoted international rating agency. Lipper also adjudged Birla Sun Life Tax Relief 96 as the 3rd best performing equity fund in the world and the best in India, based on its 10 year performance.
Source : Moneycontrol.com
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