01-10-2022 12:19 PM | Source: Accord Fintech
Aditya Birla Sun Life MF introduces FTP-Series TO (1214 Days)
Aditya Birla Sun Life Mutual Fund (MF) has launched the Aditya Birla Sun Life Fixed Term Plan (FTP)-Series TO (1214 Days), a close ended income scheme with relatively high interest rate risk and moderate credit risk. The NFO opens for subscription on January 10, 2022 and closes on January 17, 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 will be benchmarked to the performance to CRISIL Medium Term 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 duration of the scheme.
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