Birla Sun Life AMC to launch Fixed Term Plan

Birla Sun Life AMC to launch Fixed Term प्लान

The scheme will have duration of 371 days from and including the date of allotment.

Birla Sun Life Asset Management Company is launching Birla Sun Life Fixed Term Plan - Series CX, 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 371 days from and including the date of allotment. The issue opens and closes for subscription on 29th March 2011. The minimum investment amount in the scheme is Rs. 5,000. The benchmark index of the scheme is CRISIL Short term Bond Fund Index.