Aditya Birla Sun Life Mutual Fund has temporarily stopped fresh subscriptions in its credit risk fund and medium-term fund
May 22 2020
News Category: AMC Specific Updates
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According to media reports, Aditya Birla Sun Life Mutual Fund has temporarily stopped fresh subscriptions in its credit risk fund and medium-term fund effective from May 22, 2020. Accordingly, the fund house will not allow any fresh registrations under systematic investments such as SIPs, STPs and Century SIPs in ABSL Medium Term Plan and ABSL Credit Risk Fund. This means SIPs, STPs and CSIPs registered before May 22 will continue to be processed. The existing investors can redeem their investment at any point.  

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