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Aditya Birla Sun Life MF introduces FTP - Series UF (180 days)
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Aditya Birla Sun Life Mutual Fund (MF) has launched Aditya Birla Sun Life Fixed Term Plan (FTP) - Series UF (180 days), a Close ended Debt Scheme with relatively low interest rate risk and moderate credit risk. The NFO opens for subscription on February 27, 2023 and closes on March 02, 2023. 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 against CRISIL Ultra Short-Term Debt Index and its fund manager is Mohit Sharma.
The investment objective of the scheme is to generate income by investing in a portfolio of fixed income securities maturing on or before the tenure of the Scheme.
