Birla Sun Life MF introduces Fixed Term Plan - Series ME (1099 days)

Birla Sun Life Mutual Fund has launched the New Fund Offer (NFO) of Birla Sun Life Fixed Term Plan - Series ME (1099 days), a close ended income scheme. The NFO opens for subscription on Nov 25, 2014 and closes on Dec 10, 2014.  No entry load or exit load will be applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Rs.10 thereafter. The scheme’s performance will be benchmarked against CRISIL Composite 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.