Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nifty Midcap 150 Index Fund

NFO period: 15^th March – 26^th March, 2021

Highlights of the NFO:

• Scheme type – An open ended scheme tracking the Nifty Midcap 150 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 Midcap 150 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 replicating the composition of the Nifty Midcap 150 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 Dividend Option (Payout and Reinvestment Facility).


• Fund Manager – Mr. Lovelish Solanki


• Benchmark – Nifty Midcap 150 Index TRI