Aditya Birla Sun Life MF introduces FMP-Series TI (1837 days)

Aditya Birla Sun Life Mutual Fund (MF) has launched the Aditya Birla Sun Life Fixed Term Plan-Series TI (1837 days), a Close ended Income Scheme. The NFO opens for subscription on June 22, 2021, and closes on June 28, 2021. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is 1,000 and in multiples of Rs 10 thereafter during the NFO period.

The performance of the scheme will be benchmarked to the performance of CRISIL Medium to Long Term Debt Index and its fund manager is Mohit Sharma.

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.