MUTUAL FUNDS
Aditya Birla Sun Life Mutual Fund files offer document for CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund
Mar-01-2025
Aditya Birla Sun Life Mutual Fund has filed offer document with SEBI to launch an open ended Constant Maturity Index Fund ‘Aditya Birla Sun Life CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund'. The New Fund Offer price for units would be Rs 10 each during the NFO. Entry load and Exit Load will be nil. The Scheme offers Growth Option and Income Distribution Cum Capital Withdrawal Option and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme will be benchmarked against CRISIL-IBX Financial Services 9 to 12 Months Debt Index. The minimum application amount is Rs 1000 and in multiples of Re 1 thereafter.

The investment objective of the Scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL-IBX Financial Services 9 to 12 Months Debt Index before expenses, subject to tracking errors.

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