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News Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Quant Fund
Jun 10, 2024
Mutual Fund
Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Quant Fund
NFO period: 10th June – 24th June, 2024
Highlights of the NFO:
- Scheme type – An open ended equity scheme following Quant based investment theme
- Investment objective – The investment objective of the scheme is to generate long term capital appreciation by investing in equity and equity related securities based on quant model theme. The scheme does not guarantee/indicate any returns. There is no assurance that the investment objective of the scheme will be achieved.
- Product suitability – This product is suitable for investors who are seeking long term capital appreciation by investing in equity and equity related instruments selected based on quant model.
- Minimum Application Amount – First investment is Rs. 500/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available – Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option).
- Fund Manager – Mr. Harish Krishnan, Mr. Dhaval Joshi(for overseas investments)
- Benchmark – Nifty 200 TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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