Mon Mar 27 15:02:34 IST 2023

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life CRISIL IBX SDL Sep 2028 Index Fund

NFO period: 25th March ? 05th April, 2023

Highlights of the NFO:

  • Scheme type ? An open ended Target Maturity Index Fund tracking the CRISIL IBX SDL Index - September 2028. A relatively high interest rate risk and relatively low credit risk

  • Investment objective ? The investment objective of the scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL IBX SDL Index - September 2028 before expenses, subject to tracking errors. The scheme does not guarantee/indicate any returns. There can be no assurance or guarantee that the investment objective of the scheme will be achieved.

  • Product suitability ? The product is suitable for investors who are seeking income over the target maturity period. Open ended Target Maturity Index Fund that seeks to track CRISIL IBX SDL Index - September 2028.

  • Minimum Application Amount ? First investment is Rs. 500/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available ? Regular Plan and Direct Plan having Growth Option and Income Distribution cum capital withdrawal (?IDCW?) Option (Payout of IDCW).

  • Fund Manager ? Mr. Harshil Survankar and Mr. Sanjay Godambe

  • Benchmark ? CRISIL IBX SDL Index - September 2028

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)