Birla Sun Life Mutual Fund new issue closes on 28th April
Birla Sun Life Mutual Fund has launched Birla Sun Life Fixed Term Plan-Series C, a close ended income scheme with the duration of 370 days from the date of allotment. The new issue opens on 26th April and closes on 28 April 2011.
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.
The minimum investment amount is Rs5,000. CRISIL Short Term Bond Fund Index is the benchmark index for the scheme. The fund manager of the scheme will be Kaustubh Gupta.
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