Birla Sun Life Mutual Fund launches Birla Sun Life Dual Advantage Fund Series I

Mutual Fund
Jun 9, 2016 by Advisorkhoj Team | Mutual Fund | 6 Downloaded

NFO period: 09th June – 20th June, 2016

Highlights of the NFO:

  • Scheme type – A close ended hybrid scheme

  • Investment objective – The primary 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. The scheme does not guarantee/indicate any returns. There can be no assurance that the scheme's objectives will be achieved.

  • Product suitability – The product is suitable for investors who are seeking income and capital appreciation by investing primarily in debt and money market instruments for regular returns & equity and equity related instruments for capital appreciation.

  • Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 10/- thereafter

  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Dividend Option(Payout Facility).

  • Fund Manager – Mr. Prasad Dhonde, Mr. Ajay Garg and Mr. Vineet Maloo

  • Benchmark – Mix of 80% Crisil Composite Bond Fund Index & 20% CNX Nifty Index

  • Maturity – 1125 days from the date of allotment

( Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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