01-01-1970 12:00 AM | Source: Accord Fintech
Aditya Birla Sun Life MF introduces Nifty 50 Equal Weight index Fund
Aditya Birla Sun Life Mutual Fund (MF) has launched the Aditya Birla Sun Life Nifty 50 Equal Weight index Fund, an open-ended scheme tracking Nifty 50 Equal Weight TR Index. The NFO opens for subscription on May 19, 2021, and closes on June 02, 2021. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is 500 and in multiples of Re 1 thereafter.
The performance of the scheme will be benchmarked to the performance of Nifty 50 Equal Weight TRI and its fund manager is Lovelish Solanki.
The investment objective of the scheme is to provide returns that closely correspond to the total returns of securities as represented by Nifty 50 Equal Weight TR Index, subject to tracking errors.
Latest News
Hold Motherson Sumi Wiring India Ltd For Target Rs.7...
Buy Endurance Technologies Ltd. For Target Rs.2,825 ...
Buy Latentview Analytics Limited For Target Rs.663 ...
India best place in world to provide sustainable inf...
India needs up to $30 billion investment in EV charg...
Textiles sector turning into another key source of i...
India`s business activity picks up momentum in Octob...
Buy Gujarat Gas Ltd. For Target Rs.660 By Motilal Os...
Buy Bharat Forge Ltd For Target Rs.1,700 By Emkay Gl...
National Consumer Helpline gets 1,000 firms on board...