Birla Sun Life MF introduces Fixed Term Plan - Series LH (732 days)

Birla Sun Life Mutual Fund has launched the New Fund Offer (NFO) of Birla Sun Life Fixed Term Plan - Series LH (732 days), a close ended income scheme. The NFO opens for subscription on Apr 28, 2014 and closes on Apr 30, 2014. No entry or exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Rs.10 thereafter. The scheme’s performance will be benchmarked against CRISIL Short Term Bond Fund Index and its fund manager is 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.