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Aditya Birla Sun Life AMC Ltd, launches a new fund scheme which will invest majorly in equity and equity related securities.
The company said in a statement, The Aditya Birla Sun Life Resurgent India Fund -Series 5, close ended equity scheme with a term of 3.5 years, was opened for subscription on September 20 and will be closing on October 4.
The scheme will assign approx 80-100% of assets in equity and equity related securities(including options premium), and 0-20% in money market and debt instruments.
