Aditya Birla Sun Life Mutual Fund Opens 114-Day Fixed Maturity Plan NFO

Key Takeaways

• Aditya Birla Sun Life Mutual Fund opened the NFO of its Fixed Maturity Plan Series VC on 5 November 2026.
• The scheme has a tenure of 114 days and is scheduled to close for subscription on 17 November 2026.
• The close-ended debt scheme seeks to generate income by investing in fixed-income securities maturing on or before the scheme's tenure.

Aditya Birla Sun Life Launches New Debt Scheme

Aditya Birla Sun Life Mutual Fund has opened a new fixed maturity plan with a tenure of 114 days.

The NFO of Aditya Birla Sun Life Fixed Maturity Plan – Series VC commenced on Thursday, 5 November 2026, and will remain open until 17 November 2026.

According to the Association of Mutual Funds in India, the scheme is classified as a close-ended, debt-oriented fixed-term plan.

The minimum subscription amount is ₹1,000, with additional investments permitted in multiples of ₹10 during the NFO.

What Is the Investment Objective?

The scheme seeks to generate income by investing in a portfolio of fixed-income securities maturing on or before the tenure of the scheme.

This structure is intended to align the maturity profile of the underlying investments with the scheme's defined investment period.

Fixed maturity plans generally invest in instruments such as money market securities and debt instruments, subject to the permitted investment universe and the scheme information document.

The actual portfolio composition will depend on securities selected by the fund manager and the applicable regulatory limits.

The fund house has clarified that the investment objective does not involve an assurance or guarantee of returns.

NFO Details

How Does a Fixed Maturity Plan Differ From an Open-Ended Debt Fund?

A fixed maturity plan has a specified tenure, unlike an open-ended debt mutual fund that ordinarily permits ongoing subscriptions and redemptions.

Investments in a fixed maturity plan are managed with reference to the scheme's defined investment horizon.

However, the maturity structure does not eliminate investment risks.

Debt instruments remain subject to credit risk, liquidity considerations and interest-rate-related valuation changes.

A close-ended scheme may also have different liquidity arrangements from those available in open-ended mutual funds.

The applicable exit and liquidity provisions are governed by its scheme documents.

The NFO will remain open until 17 November 2026, marking a fresh fixed-income product launch during the November mutual fund subscription calendar.