Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nifty Smallcap 50 Index Fund

Mutual Fund
Mar 15, 2021 by Advisorkhoj Team | Mutual Fund | 6 Downloaded

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

Highlights of the NFO:

  • Scheme type – An open ended scheme tracking Nifty Smallcap 50 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 Smallcap 50 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 Smallcap 50 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 Smallcap 50 TRI

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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