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Aditya Birla Sun Life Mutual Fund has announced norms for Exchange Traded Funds (ETFs) and Index Funds of the Fund. Pursuant to SEBI circular no. SEBI/HO/IMD/DOF2/P/CIR/2022/69 dated May 23, 2022 on Development of Passive Funds, (the Circular), provisions regarding the following shall form part of the SID & KIM of ETFs and Index Funds of the Fund, as applicable with effect from Friday, July 1, 2022: Rebalancing Period, Investor Education and Awareness Charges, Direct transaction in ETFs through AMCs, Tracking Error, Tracking Difference, Disclosure of indicative Net Asset Value (iNAV), Liquidity window for Investors of ETFs with AMCs, Disclosure Norms for ETFs and Index Funds, Incentive for Market Makers, and Index Methodology.

Moreover, pursuant to SEBI circular no. SEBI/HO/IMD/IMD-II DOF3/P/CIR/2022/39 dated March 30, 2022, following provisions pertaining to rebalancing of portfolios will be applicable for all Schemes of Aditya Birla Sun Life Mutual Fund (except Overnight Fund, Index Funds and Exchange Traded Funds) with effect from Friday, July 1, 2022: In the event of deviation from mandated asset allocation, the portfolio to be rebalanced by AMC within 30 business days from the date of said deviation; If the portfolio is not rebalanced within above mentioned period, justification in writing, including details of efforts taken to rebalance the portfolio shall be placed before the investment committee. The investment committee, if so desires, can extend the timelines up to 60 business days from the date of completion of mandated rebalancing period.

All other features and terms & conditions of SID and KIM of the applicable Schemes shall remain unchanged. This Notice-cum-Addendum forms an integral part of SID & KIM of the applicable schemes read with the addenda issued thereunder.