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News Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nifty PSE ETF
May 2, 2024
Mutual Fund
Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nifty PSE ETF
NFO period: 02nd May – 16th May, 2024
Highlights of the NFO:
- Scheme type – An open ended exchange traded fund tracking Nifty PSE Index
- Investment objective – The investment objective of the scheme is to generate returns that are in line with the performance of Nifty PSE Index, subject to tracking errors. The scheme does not guarantee/indicate any returns. There is no assurance that the investment 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 PSE Index, subject to tracking errors by investing in the stocks belonging to Nifty PSE Index.
- Minimum Application Amount – First investment is Rs. 500/- and in multiples of Rs. 100/- thereafter during the New Fund Offer period
- Plan/ Options available – Not available.
- Fund Manager – Mr. Haresh Mehta
- Benchmark – Nifty PSE Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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