Aditya Birla SL MF introduces Crisil AAA Jun 2023 Index Fund
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Aditya Birla Sun Life Mutual Fund (MF) has launched the Aditya Birla Sun Life Crisil AAA Jun 2023 Index Fund, an open-ended Target Maturity Index Fund tracking the CRISIL IBX AAA Index-June 2023 with a moderate interest rate risk and relatively low credit risk. The NFO opens for subscription on February 14, 2022 and closes on February 21, 2022. The Entry load and the Exit load is nil for the scheme. The minimum subscription amount is Rs 500 and in multiples of Re 1 thereafter.
The performance of the scheme will be benchmarked to the performance of CRISIL IBX AAA Index- June 2023 and its fund manager is Harshil Suvarnkar.
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 Index-June 2023 before expenses, subject to tracking errors.
