Aditya Birla Sun Life MF introduces Nifty 200 Momentum 30 ETF
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Aditya Birla Sun Life Mutual Fund (MF) has launched Aditya Birla Sun Life Nifty 200 Quality 30 ETF, an open-ended exchange traded fund tracking Nifty 200 Quality 30 TRI. The NFO opens for subscription on July 29, 2022 and closes on August 10, 2022. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 100 and in multiples of Re 1 thereafter.
The performance of the Scheme would be benchmarked against Nifty 200 Quality 30 TRI and its fund managers are Lovelish Solanki and Pranav Gupta.
The investment objective of the Scheme is to generate returns that are in line with the performance of Nifty 200 Quality 30 Index, subject to tracking errors.
