Aditya Birla Sun Life MF introduces Fixed Term Plan-Series TD (1100 days)

Aditya Birla Sun Life Mutual Fund (MF) has launched the Aditya Birla Sun Life Fixed Term Plan-Series TD (1100 days), a Close ended Income Scheme. The NFO opens for subscription on April 05, 2021, and closes on April 07, 2021. The Entry load and the Exit Load is nil for the scheme. The minimum subscription amount is Rs 1000 and in multiples of Rs 10 thereafter.

The performance of the scheme will be benchmarked to the performance of CRISIL Composite Bond Fund Index and Mohit Sharma would be the designated Fund Manager of the Scheme.

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.