Aditya Birla Sun Life Mutual Fund: Bal Bhavishya Yojna NFO

Aditya Birla Sun Life Mutual Fund: Bal Bhavishya Yojna NFO

Aditya Birla Sun Life Mutual Fund has announced a New Fund Offer (NFO) for Bal Bhavishya Yojna which is an open-ended investment plan through which a parent or a guardian can make an investment on behalf of a minor child. 

The NFO period begins on January 22, 2019 and will end on February 05, 2019. 


The scheme will reopen for subscriptions within 5 business days from date of allotment. 

The investment in the scheme remains locked-in for a period of 5 years or till the child attains majority (18 years of age), whichever is earlier.


Aditya Birla Sun Life Bal Bhavishya Yojna has two variants – Wealth Plan and Savings Plan. While the Wealth Plan will invest predominantly in equity and equity related securities, the Savings Plan will invest predominantly in debt and money market instruments.

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