Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Crisil IBX Gilt: Apr 2029 Index Fund

NFO
Oct 11, 2022 by Advisorkhoj Team | NFO | 0 Downloaded

NFO period: 11th October – 18th October, 2022

Highlights of the NFO:

  • Scheme type – An open ended Target Maturity Index Fund tracking the CRISIL IBX Gilt Index– April 2029. A relatively high interest rate risk and relatively low credit risk

  • Investment objective – The investment objective of the scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL IBX Gilt Index – April 2029 before expenses, subject to tracking errors. The scheme does not guarantee/indicate any returns. There can be no assurance or guarantee that the investment objective of the scheme will be achieved.

  • Product suitability – The product is suitable for investors who are seeking income over the target maturity period. An open ended Target Maturity Index Fund that seeks to track CRISIL IBX Gilt Index – April 2029.

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

  • Fund Manager – Mr. Harshil Suvarnkar and Mr. Sanjay Godambe

  • Benchmark – CRISIL IBX Gilt Index – April 2029

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

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