IGI Logo

Aditya Birla Sun Life Mutual Fund (MF) has launched Aditya Birla Sun Life Nifty SDL SEP 2027 Index Fund, an open-ended Target Maturity Index Fund tracking the Nifty SDL Sep 2027 Index. A relatively high interest rate risk and relatively low credit risk. The NFO opens for subscription on March 06, 2023 and closes on March 09, 2023. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 500 and in multiples of Rs 1 thereafter.

The performance of the scheme will be benchmarked against Nifty SDL Sep 2027 Index and its fund managers are Mohit Sharma 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 Nifty SDL Sep 2027 Index before expenses, subject to tracking errors.