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News Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life BSE India Infrastructure Index Fund
Nov 14, 2024
Mutual Fund
Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life BSE India Infrastructure Index Fund
NFO period: 14th November - 28th November, 2024
Highlights of the NFO:
- Scheme type - An open ended Index Fund replicating BSE India Infrastructure Total Return Index
- Investment objective - The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of securities as represented by the BSE India Infrastructure Total Return Index, 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 long term capital growth by investing in equity and equity related securities covered by BSE India Infrastructure Total Return Index, subject to tracking error.
- Minimum Application Amount - First investment is Rs. 500/- and in multiples of Rs. 100/- thereafter during the New Fund Offer period
- Plan/ Options available - Regular Plan and Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) (Payout Facility) Option.
- Fund Manager - Mr. Rupesh Gurav
- Benchmark - BSE India Infrastructure Total Return Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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