MUTUAL FUNDS
Aditya Birla Sun Life MF introduces CRISIL IBX SDL Jun 2032 Index Fund
Feb-06-2023

Aditya Birla Sun Life Mutual Fund (MF) has launched Aditya Birla Sun Life CRISIL IBX SDL Jun 2032 Index Fund, an open-ended Target Maturity Index Fund tracking the CRISIL IBX SDL Index – June 2032. A relatively high interest rate risk and relatively low credit risk. The NFO opens for subscription on February 06, 2023 and closes on February 13, 2023. The Entry load is not applicable for the scheme. The Exit load of 0.5% of applicable NAV, for redemption / switch-out of units on or before 30 days from the date of allotment and nil, for redemption / switch-out of units after 30 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 CRISIL IBX SDL Index – June 2032 and its fund managers are Bhupesh Bameta and Mohit Sharma.

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 – June 2032 before expenses, subject to tracking errors.

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