MUTUAL FUNDS
Aditya Birla Sun Life MF introduces ESG Fund
Dec-04-2020

Aditya Birla Sun Life Mutual Fund (MF) has launched Aditya Birla Sun Life ESG Fund, an open-ended equity scheme investing in companies following Environment, Social & Governance (ESG) theme. The NFO opens for subscription on December 04, 2020, and closes on December 18, 2020. The Entry load is nil. The exit load will be 1%, for redemption/switch-out of units on or before 90 days from the date of allotment and nil, for redemption / switch-out of units after 90 days from the date of allotment. The minimum subscription amount is Rs 500 and in multiples of Re 1 thereafter.

The performance of the Scheme will be benchmarked against to Nifty 100 ESG TRI and Satyabrata Mohanty would be the designated Fund Manager and Vinod Bhat would be the designated Fund Manager for overseas investments of the Scheme.

The investment objective of the scheme is to generate long-term capital appreciation by investing in a diversified basket of companies following Environmental, Social and Governance (ESG) theme


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