Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nifty 50 Equal Weight index Fund

NFO period: 19^th May – 02^nd June, 2021

Highlights of the NFO:

• Scheme type – An open ended scheme tracking Nifty 50 Equal Weight TR Index


• Investment objective – The investment objective of the scheme is to provide returns that closely correspond to the total returns of securities as represented by Nifty 50 Equal Weight TR Index, subject to tracking errors. The scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives 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 and replicates the composition of the Nifty 50 Equal Weight TR Index.


• 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 Option (“IDCW”) (Payout of IDCW & Reinvestment of IDCW).


• Fund Manager – Mr. Lovelish Solanki


• Benchmark – Nifty 50 Equal Weight TRI