Birla Sun Life Mutual Fund filed offer document with Sebi to launch Birla Sun Life fixed term Plan Series comprises of 15 schemes from series BG to series BU. 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. Birla Sun Life FTP Series BG to Birla Sun Life FTP Series BU. Birla Sun Life FTP Series BG to Series BP will have duration from 12-24 months from the date of allotment. For Birla Sun Life FTP Series BQ to Series BU the maturity period will be from 24 - 36 months from the date of allotment. Investment Options: Each scheme will offer two plans i.e. Retail & institutional plan with growth and dividend option. The dividend option will further offer dividend payout and dividend re-investment facility.
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