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Aditya Birla Sun Life Mutual Fund (MF) has launched Aditya Birla Sun Life Fixed Term Plan-Series UA (1231 days), a close ended debt scheme with relatively high interest rate risk and relatively low credit risk.  The NFO opens and closes for subscription on December 01, 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 during the NFO period.

The performance of the scheme will be benchmarked to the performance of CRISIL Medium Term Debt 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.