Aditya Birla SL MF introduces FTP- Series UC
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Aditya Birla Sun Life Mutual Fund (MF) has launched Aditya Birla Sun Life Fixed Term Plan (FTP) - Series UC (95 days), a close ended debt scheme with relatively low interest rate risk and moderate credit risk) The NFO opens and closes for subscription on December 08, 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 New Fund Offer period.
The performance of the scheme will be benchmarked to the performance of CRISIL Ultra Short 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.
