Birla Sun Life MF launches new fixed term plan

Birla Sun Life MF launches new fixed term plan Birla Fixed Term Plan Quarterly Series 20. Close end income scheme. It will mature on 91s t day from the date of allotment. The primary investment objective of the scheme is to generate current income by investing in a portfolio of fixed income securities maturing normally in line with the duration of the scheme. The fund will invest up to 100% in debt securities and money market instruments. The investment in securitised debt can be up to 100% of the net asset of the scheme.