Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nifty Alpha Low Volatility 30 ETF
by
NEWS TEAM | on Aug 12, 2022
NFO period: 12th August – 25th August, 2022
Highlights of the NFO:
Scheme type – An open ended exchange traded fund tracking Nifty Alpha Low Volatility 30 TRI
Investment objective – The investment objective of the scheme is to generate returns that are in line with the performance of Nifty Alpha Low Volatility 30 Index, subject to tracking errors. The scheme does not guarantee/indicate any returns. There can be no assurance that the objective of the scheme will be achieved.
Product suitability – The product is suitable for investors who are seeking investors seeking returns that are in line with the performance of Nifty Alpha Low Volatility 30 Index, subject to tracking errors by investing in the stocks belonging to Nifty Alpha Low Volatility 30 Index.
Minimum Application Amount – First investment is Rs. 100/- and in multiples of Rs. 1/- thereafter
Plan/ Options available – Not Available.
Fund Manager – Mr. Lovelish Solanki and Mr. Pranav Gupta