Aditya Birla Sun Life Mutual Fund files offer document for NASDAQ 100 FOF
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Aditya Birla Sun Life Mutual Fund has filed offer document with SEBI to launch an open ended Fund scheme named ‘Aditya Birla Sun Life NASDAQ 100 FOF ‘. The New Fund Offer price is Rs 10 per unit. Entry load and Exit load will be nil. The scheme offers growth and dividend options for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.
The performance of the scheme will be benchmarked by NASDAQ 100 TRI. The minimum application amount is Rs 5000 and multiples of Rs 1000 thereafter.
The investment objective of the scheme is to provide long-term capital appreciation by investing in units of overseas ETFsand/or Index Fund based on NASDAQ-100 Index.
