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News Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Fixed Term Plan Series QP: 1100 Days
Jul 16, 2018
Mutual Fund
Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Fixed Term Plan Series QP: 1100 Days
NFO period: 20th July - 25th July, 2018
Highlights of the NFO:
- Scheme type - A Close ended income scheme
- Investment objective - The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. The scheme does not guarantee/indicate any returns. There can be no assurance that the scheme objectives will be achieved.
- Product suitability - The product is suitable for investors who are seeking income with capital growth over long term by investing in debt and money market securities maturing on or before the tenure of the scheme.
- Minimum Application Amount - First investment is Rs. 1,000/- and in multiples of Rs. 10/- thereafter
- Plan/ Options available - Regular Plan and Direct Plan having Growth Option and Dividend Option with sub-option Normal Dividend (Payout Facility) and Quarterly Dividend (Payout Facility).
- Fund Manager - Mr. Mohit Sharma
- Benchmark - CRISIL Composite Bond Fund Index
- Maturity - 1100 days from the date of allotment
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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