Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Crisil IBX Gilt April 2033 Index Fund

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Crisil IBX Gilt April 2033 Index Fund

by News Team | Mutual Fund

NFO period: 15th December – 21st December, 2023

Highlights of the NFO:

  • Scheme type – An open ended Target Maturity Index Fund tracking the CRISIL IBX Gilt Index – April 2033. A relatively high 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 Gilt Index – April 2033 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 – The 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 Gilt Index – April 2033.

  • Minimum Application Amount – First investment is Rs. 1,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal Option (“IDCW”) (Payout of IDCW).

  • Fund Manager – Mr. Bhupesh Bameta and Mr. Sanjay Godambe

  • Benchmark – CRISIL IBX Gilt Index – April 2033

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)