Aditya Birla SL NFO (New Fund Offer) named “Aditya Birla Sun Life Fixed Term Plan – Series RV (1224 days)” is being offered from 12-Dec-2018 to 19-Dec-2018.
According to Aditya Birla Sun Life Mutual Fund, this plan is suitable for investors who are seeking:-
- Income with capital growth over long-term, and
- investments in debt and money market securities maturing on or before the tenure of the Scheme
About Aditya Birla SL NFO
| Name of the Scheme | Aditya Birla Sun Life Fixed Term Plan – Series RV (1224 days) |
|---|---|
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Scheme Type | Close Ended |
| Scheme Category | Income |
| Plans | Regular Plan and Direct Plan – Both Plans offer Growth Option and Dividend Option. |
| Issue Starts | 12-Dec-2018 |
| Issue Closes | 19-Dec-2018 |
| NFO Unit Price | Rs 10 Per Unit |
| Minimum Investment | Rs 1,000 |
| Entry Load | No |
| Exit Load | No |
| Investment Manager | Aditya Birla Sun Life AMC Limited (ABSLAMC) (formerly known as Birla Sun Life Asset Management Co Ltd) |
Proposed Asset Allocation of the Scheme
The proposed asset allocation of the scheme is given as follows:
| Instrument | Risk Profile | Normal Allocation (% of Total Assets) |
|---|---|---|
| Debt Securities including Government Securities (excluding Money Market Instruments) |
Low to medium | 80-100% |
| Money Market instruments | Low to medium | 0-20% |
About Aditya Birla Sun Life
Aditya Birla Sunlife Mutual Fund is the third largest fund house in India with Asset Under Management (AUM) of over Rs 2670 billion. It is a joint venture between Aditya Birla Group and Sun Life Financial founded in the year 1994. Sun Life Financial is one of the world’s largest financial services companies headquartered in Canda.
This joint venture is serving investors across India through 247 offices. Aditya Birla Sunlife offers sector-specific equity schemes, hybrid and monthly income funds, debt and treasury products, fund of fund schemes etc.
Registered & Corporate Office: Aditya Birla Sun Life Mutual Fund (ABSLMF), One India Bulls Centre, Tower 1, 17th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai 400 013. Telephone: 43568000
Website: www.mutualfund.adityabirlacapital.com
Objectives of Scheme (Aditya Birla SL NFO)
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 schemes’ objectives will be achieved.
Please click here to read the scheme related document.
Disclaimer: This post is just an information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing.
Follow us on Facebook, LinkedIn, and Twitter to get the latest posts.
Tags: #NFO #Mutual Fund #New Mutual Fund #Aditya Birla SL NFO #New Fund Offer
