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Aditya Birla Sun Life MF introduces FTP - Series UK (183 days)
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Aditya Birla Sun Life Mutual Fund (MF) has launched Aditya Birla Sun Life Fixed Term Plan (FTP) - Series UK (183 days), a Close Ended Debt Scheme with relatively low interest rate risk and moderate credit risk. The NFO opens for subscription on July 03, 2023 and closes on July 05, 2023. The Entry load and Exit load is not applicable 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 to the performance of NIFTY Low Duration 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.
