MUTUAL FUNDS
Aditya Birla Sun Life Mutual Fund files offer document for BSE 500 Quality 50 Index Fund
Jun-19-2025
Aditya Birla Sun Life Mutual Fund has filed offer document with SEBI to launch an open-ended Index Fund named ‘Aditya Birla Sun Life BSE 500 Quality 50 Index Fund'. The New Fund Offer price for units would be at Rs 10 per unit during the NFO period. Entry load will be nil and Exit load for redemption/switch out of units on or before 15 days from the date of allotment will be 0.10% of applicable NAV; For redemption/switch out of units on or after15 days from the date of allotment will be Nil. The Scheme offers only Growth Option and Income Distribution Cum Capital Withdrawal Option for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance of the scheme will be benchmarked by BSE 500 Quality50 Total Return Index. The minimum application amount is Rs 500 and in multiples of Rs 100 thereafter.

The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the BSE  500 Quality 50 Total Return Index, subject to tracking errors.

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