Aditya Birla Sun Life MF Launches Aditya Birla Sun Life BSE India Infrastructure Index Fund

The NFO will be open for subscription from 14^th November 2024 to 28^th November 2024 An opportunity to invest in India's first index fund tracking the BSE India Infrastructure Index

Mumbai, November 14, 2024: Aditya Birla Sun Life AMC Limited (ABSLAMC) was incorporated in the year 1994. Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc. are the promoters and major shareholders of the Company. ABSLAMC is primarily the investment manager of Aditya Birla Sun Life Mutual Fund, a registered trust under the Indian Trusts Act, 1882. The asset manager has announced the launch of Aditya Birla Sun Life BSE India Infrastructure Index Fund, an open-ended index fund tracking the BSE India Infrastructure Total Return Index. The New Fund Offer (NFO) will remain open from 14^th November 2024 to 28^th November 2024.

Investing in the infrastructure sector offers compelling growth potential, with a projected 15% CAGR in budgetary capital expenditure and a significant GDP multiplier effect of 2.5x to 3.5x, as per a recent Morgan Stanley report. This sector encompasses a wide array of companies that are increasingly prioritized by government initiatives, reflecting positive coverage from analysts, a robust order pipeline and promising profitability forecasts. Key reforms such as the Production-Linked Incentive scheme, the Goods and Services Tax and advancements in the power sector further support this growth. Additionally, foreign direct investment has surged over the last five years, with strong investor confidence underscoring the sector's potential.

Commenting on the new fund launch, A. Balasubramanian, Managing Director & CEO, Aditya Birla Sun Life AMC Ltd, said, "India's infrastructure sector presents a transformative opportunity for investors to align with India's growth story. With the Government's strong focus and commitment to infrastructure, coupled with favorable demographics and rising domestic consumption, the sector is poised to be a critical driver of India's economic growth. As we advance towards the Amrit Kaal 2047 vision, sectors like Energy, Construction & Engineering, Transportation and Utilities will play pivotal roles in shaping India's journey to becoming a developed economy. Also, the BSE India Infrastructure Index has a wider representation of stocks/sub-sectors within the infra space".

The first index fund tracking the BSE India Infrastructure Index offers a unique approach by combining momentum strategies with controlled weight allocation. By diversifying across five key infrastructure clusters, it provides balanced exposure to the sector's growth potential while managing risk. This makes it an attractive option for investors seeking structured diversification in India's infrastructure market.

Click Here To Know More About Aditya Birla Sun Life BSE India Infrastructure Index Fund.

About Aditya Birla Sun Life AMC Limited

Aditya Birla Sun Life AMC Limited (ABSLAMC) was incorporated in the year 1994. Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc. are the promoters and major shareholders of the Company.

ABSLAMC is primarily the investment manager of Aditya Birla Sun Life Mutual Fund, a registered trust under the Indian Trusts Act, 1882. ABSLAMC also operates multiple alternate strategies including Portfolio Management Services, Real Estate Investments and Alternative Investment Funds. ABSLAMC is one of the leading asset managers in India, servicing around 10.2 million investor folios with a pan India presence across 300+ locations and overall AUM of Rs. 4,004 billion for the quarter ending September 30, 2024 under its suite of Mutual Fund (excluding domestic FoFs), Portfolio Management Services, Alternative Investment Funds, Offshore and Real Estate offerings.

About Aditya Birla Capital Limited

Aditya Birla Capital Limited ("ABCL") is the holding company for the financial services businesses of the Aditya Birla Group. Through its subsidiaries/JVs, ABCL provides a comprehensive suite of financial solutions across Loans, Investments, Insurance, and Payments to serve the diverse needs of customers across their lifecycle. Powered by over 55,000 employees, the businesses of ABCL have a nationwide reach with over 1,470 branches and more than 200,000 agents/channel partners along with several bank partners.

As of September 30, 2024, Aditya Birla Capital Limited manages aggregate assets under management of over Rs. 5.0 Lakh Crore with a consolidated lending book of Rs 1.38 Lakh Crore through its subsidiaries/JVs.

Aditya Birla Capital Limited is a part of the US$66 billion global conglomerate Aditya Birla Group, which is in the league of Fortune 500. Anchored by an extraordinary force of over 187,000 employees belonging to 100 nationalities, the Group is built on a strong foundation of stakeholder value creation. With over seven decades of responsible business practices, the Group's businesses have grown into global powerhouses in a wide range of sectors - from metals to cement, fashion to financial services and textiles to trading. Today, over 50% of the Group's revenues flow from overseas operations that span over 40 countries in North and South America, Africa, Asia, and Europe.

About Sun Life

Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of Sep 30, 2024, Sun Life had total assets under management of $1.51 trillion. For more information, please visit www.sunlife.com. Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.

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Aditya Birla Sun Life AMC Limited

Jayesh Khilnani

Email: jayesh.khilnani@adityabirlacapital.com

Disclaimer: Aditya Birla Sun Life BSE India Infrastructure Index Fund ("Scheme") is based on the BSE India Infrastructure Total Return Index. BSE® is a registered trademark of BSE Limited. The Scheme is not sponsored, endorsed marketed or promoted by, BSE or their respective affiliates. Please refer to the Scheme Information Document for disclaimers w.r.t. BSE India Infrastructure Total Return Index.