04-01-2024 12:04 PM | Source: Accord Fintech
Aditya Birla Sun Life MF introduces FMP - Series US (100 days)

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Aditya Birla Sun Life Mutual Fund (MF) has launched Aditya Birla Sun Life Fixed Maturity Plan (FMP) - Series US (100 days), a Close ended Debt Scheme with relatively low interest rate risk and moderate credit risk. The NFO opens for subscription on January 04, 2024 and closes on January 09, 2024. 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 against CRISIL Ultra Short-Term Debt Index and its fund manager is Mohit Sharma.

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