04-12-2024 01:45 PM | Source: Accord Fintech
Aditya Birla SL AMC announces change in maximum subscription amount under medium term plan

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Aditya Birla Sun Life AMC has announced notice-cum-addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of the Schemes of Aditya Birla Sun Life Medium Term Plan. Aditya Birla Sun Life AMC has decided to revise maximum amount in fresh subscriptions/ switch-in application(s) in Aditya Birla Sun Life Medium Term Plan, an open ended medium-term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3-4 years. A relatively high interest rate risk and relatively high credit risk (the Scheme) with effect from Wednesday, December 4, 2024 (Effective Date). Revised maximum subscription limit will be Rs 10 crore per investor per day across all subscription transactions (i.e. fresh purchases, additional purchases, switch-in and trigger transactions such as SIP, STP as available).

All other features and terms & conditions of the SID and KIM of the Scheme shall remain unchanged. This Notice-cum-Addendum forms an integral part of the SID and KIM issued for the Scheme read with the Addenda issued thereunder.