Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Crisil IBX AAA NBFC HFC INDEX Sep 2026 Fund
by
NEWS TEAM | on Sep 30, 2024
NFO period: 30th September - 07th October, 2024
Highlights of the NFO:
Scheme type - An open ended Target Maturity Index Fund tracking the CRISIL-IBX AAA NBFC-HFC Index - Sep 2026. A moderate 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 AAA NBFC-HFC Index - Sep 2026 before expenses, subject to tracking errors. The scheme does not guarantee/indicate any returns. There is no assurance or guarantee that the investment objective of the scheme will be achieved.
Product suitability - This product is suitable for investors who are seeking income over the target maturity period. An open ended Target Maturity Index Fund that seeks to track CRISIL-IBX AAA NBFC-HFC Index - Sep 2026, subject to tracking errors.
Minimum Application Amount - First investment is Rs. 1,000/- and in multiples of Rs. 100/- thereafter
Plan/ Options available - Direct Plan and Regular Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option).
Fund Manager - Mr. Harshil Suvarnkar and Mr. Vighnesh Gupta
Benchmark - CRISIL-IBX AAA NBFC-HFC Index - Sep 2026