Aditya Birla SL MF introduces Nifty SDL September 2025 Index Fund
Aditya Birla Sun Life Mutual Fund (MF) has launched Aditya Birla Sun Life Nifty SDL SEP 2025 Index Fund, an open-ended Target Maturity Index Fund tracking the Nifty SDL Sep 2025 Index with relatively moderate interest rate risk and relatively low credit risk. The NFO opens for subscription on September 22, 2022 and closes on September 27, 2022. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 500 and in multiples of Re 1 thereafter during the NFO period.
The performance of the scheme would be benchmarked against Nifty SDL Sep 2025 Index and its fund managers are Bhupesh Bameta and Sanjay Godambe.
The investment objective of the Scheme is to generate returns corresponding to the total returns of the securities as represented by the Nifty SDL Sep 2025 Index before expenses, subject to tracking errors.