Aditya Birla Sun Life MF introduces Crisil IBX Gilt Apr 2028 Index Fund
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Aditya Birla Sun Life Mutual Fund (MF) has launched Aditya Birla Sun Life Crisil IBX Gilt Apr 2028 Index Fund, an open-ended Target Maturity Index Fund tracking the CRISIL IBX Gilt Apr 2028 Index with relatively high interest rate risk and relatively low credit risk. The NFO opens for subscription on March 08, 2023 and closes on March 14, 2023. 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.
The performance of the scheme will be benchmarked against CRISIL IBX Gilt Apr 2028 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 CRISIL IBX Gilt Apr 2028 Index before expenses, subject to tracking errors.
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