Investors, Please note that Aditya Birla Sun Life AMC Limited (“ABSLAMC”) has announced a revision to the maximum amount allowed for fresh subscriptions and switch-in applications in the Aditya Birla Sun Life Medium Term Plan. This is an open-ended medium-term debt scheme that invests in instruments with a Macaulay duration of 3-4 years, carrying relatively high interest rates and credit risks. The revision will take effect from Wednesday, December 4, 2024 (“Effective Date”).
The revised limit is as follows:
| Existing Maximum Subscription Limit | Revised Maximum Subscription Limit |
| Rs. 1 crore per investor per day across all subscription transactions (i.e. fresh purchases, additional purchases, switch-in and trigger transactions such as SIP, STP as available) | Rs. 10 crore per investor per day across all subscription transactions (i.e. fresh purchases, additional purchases, switch-in and trigger transactions such as SIP, STP as available) |
For further details, please read the addendum
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