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The Economic Times

Business

Surbhi Khanna

NFO Insight: Aditya Birla Sun Life Financial Services Sectoral Debt Fund opens for subscription. Is it the right time to invest?

Vishal Dhawan Sun Aditya Birla Sun Life Mutual Fund Bonds AAA ETMutualFunds NBFCs RBI

Aditya Birla Sun Life Mutual Fund has launched the Aditya Birla Sun Life Financial Services Sectoral Debt Fund, which is open for subscription and will close on October 14. The open-ended debt scheme carries relatively high interest rate risk and moderate credit risk.

The scheme aims to generate regular income and capital appreciation by primarily investing across durations in debt and money market instruments of the financial services sector, limited to AA+ and above-rated corporate bonds.

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