Aditya Birla Sun Life Fixed Term Plan - Series UI (91 Days) - Regular Plan: Overview, Performance, Portfolio | Mutual Fund | Value Researchhttps://www.valueresearchonline.com/funds/43425/aditya-birla-sun-life-fixed-term-plan-series-ui-91-days-regular-plan/Get the latest information and complete track record of 'Aditya Birla Sun Life Fixed Term Plan - Series UI (91 Days) - Regular Plan' schemes, returns, latest NAV and ratings from independent mutual fund research house.
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Aditya Birla Sun Life Fixed Term Plan - Series UI (91 Days) - Regular Plan
Suitability
"Fixed Maturity Plans, as the name suggests, are funds that have a fixed tenure which can vary from three months to five years or even more. Upon the completion of the stated tenure, the fund is wound up and investors' money is returned to them along with accumulated gains. Therefore, they are similar to bank fixed deposits except that they do not offer guaranteed returns even though they aim to better what an FD can fetch.
However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios."
The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme.
Fund Manager
Name
Mohit Sharma since 23-Mar-2023
Education
Mr. Sharma is B Tech (IIT - Madras) and PGDCM (IIM Calcutta).
Experience
Prior to joining Aditya Birla Sun Life AMC, he ran his own healthcare-tech business (June 2012 - May 2015). he has also worked as an Interest Rates Trader in Standard Chartered Bank (May 2007 - June 2011) and ICICI Bank Ltd (June 2006 - April 2007). He started his career in the Equity Research in Irevna Ltd (June 2005 - June 2006).
Contact Information
AMC
Aditya Birla Sun Life AMC Ltd.
Website
http://mutualfund.adityabirlacapital.com
Fax
022-43568110
Address
One India Bulls Center - Tower 1, 17th Floor - Jupiter Mills Compound, 841 Senapati Bhawan, Elphinstone Road, Mumbai - 400013
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