01-01-1970 12:00 AM | Source: Accord Fintech
Aditya Birla Sun Life MF introduces FTP- Series TT 153 D
News By Tags | #6499 #392

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Aditya Birla Sun Life Mutual Fund (MF) has launched Aditya Birla Sun Life Fixed Term Plan- Series TT (153 days), a Close ended Income Scheme with relatively low interest rate risk and moderate credit risk. The NFO opens for subscription on July 25, 2022 and closes on July 27, 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.

The performance of the Scheme would be benchmarked against CRISIL Ultra Short Term Debt Index and its fund manager is Mohit Sharma.

The primary 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.