Aditya Birla Sun Life Fixed Maturity Plan - Series US (100 days) NFO: Key details to know

4 Jan 2024 , 11:55 AM

Aditya Birla Sun Life Mutual Fund is launching NFO under its “Income category”, named as Aditya Birla Sun Life Fixed Maturity Plan – Series US (100 days). The investment objective of the scheme is to generate income by investing in a portfolio of fixed income securities maturing on or before the tenure of the Scheme. The Scheme does not guarantee/indicate any returns.

Investment strategy: The Investment Philosophy of the fund manager is to generate risk-adjusted returns through a research driven investment approach by investing in a portfolio of fixed income securities maturing on or before the tenure of the Scheme.

Asset allocation: The corpus of the Scheme in debt and money market securities maturing on or before the tenure of the Scheme.

Who should invest?

Investors with low to moderate risk appetite and want to invest for short term to seek Income with capital growth should invest in Aditya Birla Sun Life Fixed Maturity Plan – Series US (100 days). 

Risk associated: Low to Moderate level of risk.

Benchmark: CRISIL Ultra Short Term Debt Index.

Fund Managers: Mr. Mohit Sharma

The NFO is available for subscription from January 4 to January 9. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is Rs 5000/- and in multiples of any amount thereafter. 

Click here to invest in Aditya Birla Sun Life Fixed Maturity Plan – Series US (100 days).