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News Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Business Cycle Fund
Nov 15, 2021
Mutual Fund
Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Business Cycle Fund
NFO period: 15th November - 29th November, 2021
Highlights of the NFO:
- Scheme type - An open ended equity scheme following business cycles based investing theme
- Investment objective - The investment objective of the scheme is to provide long term capital appreciation by investing predominantly in equity and equity related securities with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. 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 long term capital appreciation. An equity scheme investing in Indian equity & equity related securities with focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.
- Minimum Application Amount - First investment is Rs. 500/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available - Regular Plan and Direct Plan having Growth Option and Dividend Option (Payout Facility).
- Fund Manager - Mr. Vineet Maloo and Mr. Nitesh Jain
- Benchmark - S&P BSE 500 TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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