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News Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nifty Alpha Low Volatility 30 ETF
Aug 12, 2022
Mutual Fund
Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nifty Alpha Low Volatility 30 ETF
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
- Benchmark - Nifty Alpha Low Volatility 30 TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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