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Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Dual Advantage Fund – Series 2

by News Team | Mutual Fund

NFO period: 17th January - 31st January, 2019

Highlights of the NFO:

  • Scheme type - A close ended hybrid scheme

  • Investment objective - The primary investment objective of the scheme is to generate income by investing in a portfolio of fixed income securities maturing on or before the maturity of the scheme. The secondary objective is to generate capital appreciation by investing a portion of the scheme corpus in Equity and equity related instruments.

  • Product suitability - The product is suitable for investors who are seeking income and capital appreciation by investing primarily in Debt and Money Market instruments for regular returns & Equity and Equity related instruments for capital appreciation.

  • Minimum Application Amount - First investment is Rs. 1,000/- and in multiples of Rs. 10/- thereafter

  • Plan/ Options available - Regular Plan and Direct Plan having Growth Option and Dividend Option (Payout Facility & Sweep Facility).

  • Fund Manager - Mr. Mohit Sharma (for debt assets), Mr. Vineet Maloo (for equity assets) and Mr. Ajay Garg (for Index Options)

  • Benchmark - CRISIL Hybrid 75+25 - Conservative Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)