Birla Sun Life MF has launched the NFO of Birla Sun Life Capital Protection Oriented Fund - Series 10, a close ended income scheme.
The NFO opens for subscription on June 25, 2012 and closes on July 9, 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 Rs.10 thereafter.
The scheme’s performance will be benchmarked against CRISIL MIP Blended Index and its fund managers are Prasad Dhonde and Vineet Maloo.
The investment objective of the scheme is to seek capital protection by investing in fixed income securities maturing on or before the tenure of the scheme and seeking capital appreciation by investing in equity and equity related instruments
Source: Accord Fintech
