Description

BSE announces the addition of Aditya Birla Sun Life SIP for LIFE facility covering multiple mutual fund schemes for both SIP and SWP on the BSE StAR MF platform.

Summary

BSE has added the Aditya Birla Sun Life “SIP for LIFE” facility on its BSE StAR MF platform. This facility covers 22 mutual fund schemes (both Regular and Direct plans) available for SIP (Systematic Investment Plan) registrations and a subset of schemes available for SWP (Systematic Withdrawal Plan) registrations.

Key Points

  • SIP for LIFE facility now available for 22 Aditya Birla Sun Life mutual fund schemes
  • Both Regular and Direct plan variants included
  • Schemes cover various categories: Multi Asset Allocation, Balanced Advantage, Equity Hybrid, Flexi Cap, Frontline Equity, GenNext, Midcap, and FOF (Fund of Funds)
  • Each scheme has two variants: base scheme code and L1 variant
  • SWP facility available for a subset of the schemes listed

Regulatory Changes

No regulatory changes. This is an operational enhancement to the BSE StAR MF platform.

Compliance Requirements

No specific compliance requirements for market participants. Investors can now access the SIP for LIFE facility for eligible Aditya Birla Sun Life schemes through the BSE StAR MF platform.

Important Dates

  • Circular Date: December 23, 2025
  • Effective Date: Immediate (no specific implementation date mentioned)

Impact Assessment

Market Impact: Minimal. This is a platform enhancement that provides additional investment options for retail investors.

Operational Impact: Low. Facilitates long-term systematic investment planning for investors interested in Aditya Birla Sun Life mutual fund schemes through the BSE platform.

Investor Impact: Positive for investors seeking systematic investment and withdrawal facilities in Aditya Birla Sun Life schemes, offering more flexibility in investment planning.

Impact Justification

Operational update adding SIP for LIFE facility for specific mutual fund schemes; affects only investors interested in Aditya Birla Sun Life schemes on BSE platform