Birla Sun Life MF has launched the NFO of Birla Sun Life
Fixed Term Plan - Series FF, a close ended income scheme.
The NFO opens for subscription on June 27, 2012 and
closes on July 4, 2012. No entry load or exit load will be applicable for the
scheme; no redemption/repurchase of units shall be allowed prior to the
maturity of the scheme. Investors wishing to exit may do so through stock
exchange mode. The minimum subscription amount is Rs. 5,000 and multiples of
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.