Birla Sun Life MF introduces Birla Sun Life Fixed Term Plan - Series EH
Time - 30/01/2012 : 11:35
Birla Sun Life Mutual Fund has launched the New Fund Offer (NFO) Birla Sun Life Fixed Term Plan - Series EH, a close ended income scheme.
The NFO opens for subscription on January 30, 2012 and closes on February 9, 2012. No entry and exit load charges is applicable for the scheme. The scheme offers dividend payout and growth option. The duration of the scheme is 36 months from the date of allotment of units
The scheme will be benchmark against CRISIL Short Term Bond Fund Index. The minimum application amount is Rs 5000 and in multiples of Rs 10 thereafter.
The scheme will be managed by Kaustubh Gupta.
The investment objective of the scheme is to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme.
