Aditya Birla Sun Life Fixed Term Plan - Series TX floats on Source
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Aditya Birla Sun Life Mutual Fund has launched a new Closed Ended Growth scheme named “Aditya Birla Sun Life Fixed Term Plan - Series TX” with maturity period of 92 days from the launch date. The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Sep 20 to Sep 21, 2022. According to the offer document filed with SEBI, the entry and exit load is Nil. The minimum application amount is Rs 1,000.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth, IDCW. The fund manager of the scheme will be Mohit Sharma, while the performance of the scheme will be benchmarked against CRISIL Liquid Fund Index. The Scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the tenure of the Scheme. The Scheme does not guarantee/indicate any returns. There can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
