Birla Sun Life Mutual Fund launches Birla Sun Life Fixed Term Plan Series NR: 1099 days

Mutual Fund
Aug 4, 2016 by Advisorkhoj Team | Mutual Fund | 4 Downloaded

NFO period: 04th August – 08th August, 2016

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's 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. 5,000/- 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. Kaustubh Gupta

  • Benchmark – CRISIL Composite Bond Fund Index

  • Maturity – 1099 days from the date of allotment

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

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