Birla Mutual Fund has started a close ended NFO – Birla Capital Protection Oriented Fund – Series 5.
It is a 832 days close ended scheme having the highest safety rating of mfAAA. The scheme seeks to provide capital appreciation linked to equity market with downside protection at the end of tenure. Fund expects to achieve down side protection by investing in debt securities with tenure comparable with the tenure of the Plan, subject to the credit risk. Fund expects to achieve the market-linked appreciation (upside) by investing in premium of exchange traded options.
NFO Summary:
- Scheme Type: Close Ended
- Scheme Category: Growth
- Fund Last Date: 25-March-2011
- Offer Price: rs. 10.00 per unit
- Entry Load: Nil
- Exit Load: Nil
- Minimum Subscription: Rs. 5,000/- and in multiples of Rs.10/- thereafter .
For more details: call -paresh 9225965529.
