Birla Sun Life MF unveils 180 days fixed maturity plan
Moneylife Digital Team 15 June 2011

Birla Sun Life Mutual Fund new issue opens on 16th June and closes on the same day

Birla Sun Life Mutual Fund has launched Short Term FMP-Series 17, a close ended income scheme.

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 will have duration of 180 days.

The new issue opens on 16th June and closes on the same day. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Fund Index is the benchmark index. Kaustubh Gupta would be the fund manager.

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