MUTUAL FUNDS
Aditya Birla Sun Life MF introduces Dual Advantage Fund-Series 2
Jan-17-2019

Aditya Birla Sun Life Mutual Fund (MF) launched the Aditya Birla Sun Life Dual Advantage Fund-Series 2, a close ended hybrid scheme. The NFO opens for subscription on January 17, 2019 and closes on January 31, 2019. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 1,000 and in multiples of Rs 10 thereafter.

The scheme’s performance will be benchmarked against CRISIL Hybrid 75+25-Conservative Index and its fund managers are Mohit Sharma, Vineet Maloo and Ajay Garg.

The investment objective of the scheme is to generate income by investing in a portfolio of fixed income securities maturing on or before the maturity of the Scheme. The secondary objective is to generate capital appreciation by investing a portion of the Scheme corpus in equity and equity related instruments.

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