Birla Sunlife introduces another new FMP NFO- Birla Sunlife Fixed Term Plan Series DD

May 30, 2011 by · 3 Comments 

Birla Sunlife mutual fund has launched a new FMP NFO- Series DD- Should you invest?

birla sunlife fixed term plan series ddFMP NFOs are a dime a dozen these days. The first question to ask is whether this particular FMP NFO from Birla Sunlife Mutual Fund is worth investing. Lets dig into the details of Birla Sunlife MF Fixed Term Series DD

Open and close dates- Birla Sunlife MF Fixed Term Series DD

This new FMP NFO from Birla Sunlife Mutual Fund opens on May 26 and closes on June 06. This means that unlike many other FMP NFOs, this FMP gives you some time to mobilize funds, in case you are interested in investing

Maturity Period for Birla Sunlife Fixed Term Series DD NFO

Birla Sunlife Fixed Term Series DD has a maturity period of 367 days. This means that investors in this FMP NFO will be eligible for indexation benefits

Management expenses for Birla Sunlife Fixed Term Series DD FMP NFO

The total expense for this NFO is 2.25% per the prospectus. This is quite high for a fund that is benchmarked against the CRISIL short term bond index

You can take your call whether to invest in the Birla Sunlife Fixed Term Series DD NFO

If you need any more information about this Birla Sunlife Term Series DD, pls read the FMP NFO prospectus