Aditya Birla SL MF introduces FTP - Series TY (76 days)
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Aditya Birla Sun Life Mutual Fund (MF) has launched Aditya Birla Sun Life Fixed Term Plan - Series TY (76 Days), a Close ended Income Scheme with relatively low interest rate risk and moderate credit risk. The NFO opens and closes for subscription on October 11, 2022. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 1,000 and in multiples of Rs 10 thereafter.
The performance of the scheme will be benchmarked to the performance of CRISIL Liquid Fund Index and its fund manager is Mohit Sharma.
The investment objective of the scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the tenure of the Scheme.
