Aditya Birla Sun Life MF introduces Crisil-IBX AAA NBFC-HFC Index-Dec 2025 Fund
The NFO opens for subscription on October 08, 2024 and closes on October 14, 2024
Detail
Aditya Birla Sun Life Mutual Fund (MF) has launched Aditya Birla Sun Life Crisil-IBX AAA NBFC-HFC Index-Dec 2025 Fund, an open-ended Target Maturity Index Fund tracking the CRISIL-IBX AAA NBFC-HFC Index – Dec 2025 with moderate interest rate risk and relatively low credit risk. The NFO opens for subscription on October 08, 2024 and closes on October 14, 2024. The Entry Load is not applicable and Exit Load will be nil for the scheme. The minimum subscription amount is Rs 1,000/- and in multiples of Rs 100/- thereafter.
The performance of the scheme will be benchmarked with CRISIL-IBX AAA NBFC-HFC Index – Dec 2025 and its fund managers are Sanjay Godambe and Mohit Sharma.
The investment objective of the scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL-IBX AAA NBFC-HFC Index – Dec 2025 before expenses, subject to tracking errors.