Description

Aditya Birla Sun Life AMC Limited has renamed Sampoorna SIP to SIP for LIFE with effect from October 29, 2025. All other features and terms remain unchanged.

Summary

Aditya Birla Sun Life AMC Limited has announced a change in the name of its Systematic Investment Plan (SIP) facility from “Sampoorna SIP” to “SIP for LIFE” on the BSE StAR MF Platform, effective October 29, 2025. This is an administrative change with no modifications to the facility’s features, benefits, or terms and conditions.

Key Points

  • The name change is from “Sampoorna SIP” to “SIP for LIFE”
  • Effective date: Wednesday, October 29, 2025
  • All existing features and terms & conditions remain unchanged
  • Applicable to the BSE StAR MF (Mutual Fund) Platform
  • Announced via Addendum No. 46/2025 to SAI, SID, and KIM documents

Regulatory Changes

No regulatory changes. This is a nomenclature update only, affecting the Statement of Additional Information (SAI), Scheme Information Document (SID), and Key Information Memorandum (KIM) of Aditya Birla Sun Life Mutual Fund schemes.

Compliance Requirements

  • No action required from investors or intermediaries
  • The AMC will update all scheme-related documents to reflect the new name
  • Existing SIP mandates and registrations continue without any modifications

Important Dates

  • Notice Date: October 23, 2025
  • Effective Date: October 29, 2025 (Wednesday)

Impact Assessment

Market Impact: Nil. This is purely an administrative rebranding exercise.

Operational Impact: Minimal. The name change affects only documentation and marketing materials. There are no changes to:

  • SIP functionality or features
  • Investment process or mechanism
  • Investor rights or obligations
  • Fee structure or terms and conditions

Investor Impact: No impact on existing or new SIP investors. All registrations, mandates, and investments continue seamlessly under the new name. Investors do not need to take any action.

Impact Justification

Administrative name change for SIP facility with no impact on features, terms, or investor obligations. Informational notice only.