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News Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Multi Asset Allocation Fund
Jan 11, 2023
Mutual Fund
Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Multi Asset Allocation Fund
NFO period: 11th January - 25th January, 2023
Highlights of the NFO:
- Scheme type - An open ended scheme investing in Equity, Debt and Commodities
- Investment objective - The investment objective of the scheme is to provide long term capital appreciation by investing across asset classes like Equity, Debt, Commodities, & units of REITs & InvITs. 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 by investing in equity and equity related securities, debt & money market instruments and Commodities.
- 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 Income Distribution cum capital withdrawal (?IDCW?) Option (Payout of IDCW & Reinvestment of IDCW).
- Fund Manager - Mr. Dhaval Shah
- Benchmark - 65% S&P BSE 200 + 25% CRISIL Short Term Bond Fund Index + 5% of Domestic prices of Gold + 5% of Domestic prices of Silver
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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