Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Fixed Term Plan Series TE 1095 Days

by News Team | Mutual Fund

NFO period: 12th April – 19th April, 2021

Highlights of the NFO:

  • Scheme type – A close ended income scheme

  • Investment objective – The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. The scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved.

  • Product suitability – The product is suitable for investors who are seeking income with capital growth over long term by investing in debt and money market securities maturing on or before the tenure of the scheme.

  • Minimum Application Amount – First investment is Rs. 1,000/- and in multiples of Rs. 10/- thereafter

  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Dividend Option (Payout Facility).

  • Fund Manager – Mr. Mohit Sharma

  • Benchmark – CRISIL Composite Bond Fund Index

  • Maturity – 1095 days from the date of allotment

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)