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Aditya Birla Sun Life Mutual Fund (MF) has launched Aditya Birla Sun Life Fixed Term Plan (FTP) - Series UG (1125 days), a Close ended Debt Scheme with relatively high interest rate risk and moderate credit risk. The NFO opens for subscription on March 02, 2023 and closes on March 09, 2023. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 1000 and in multiples of Rs 10 thereafter.

The performance of the scheme will be benchmarked against CRISIL Medium Term Debt Index and its fund manager is Mohit Sharma.

The investment objective of the scheme is to seek to generate income by investing in a portfolio of fixed income securities maturing on or before the tenure of the Scheme.