IGI Logo

Aditya Birla Sun Life Mutual Fund (MF) has launched Aditya Birla Sun Life Crisil SDL Plus AAA PSU Apr 2027 60:40 Index Fund, an open-ended Target Maturity Index Fund tracking the CRISIL IBX 60:40 SDL + AAA PSU Index- April 2027 with a relatively high interest rate risk and relatively low credit risk. The NFO opens for subscription on March 25, 2022 and closes on March 28, 92022. The Entry load is nil for the scheme. The Exit load will be 0.5% of applicable NAV, for redemption / switch-out of units on or before 30 days from the date of allotment and nil, for redemption / switch-out of units after 30 days from the date of allotment. The minimum subscription amount is Rs 500 and in multiples of 1 thereafter.

The performance of the scheme will be benchmarked against CRISIL IBX 60:40 SDL + AAA PSU Index - April 2027 and its fund manager is Mohit Sharma.

The investment objective of the scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL IBX 60:40 SDL + AAA PSU Index- April 2027 before expenses, subject to tracking errors.