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Aditya Birla Sun Life Mutual Fund files offers document for CRISIL IBX 50:50 Gilt Plus SDL Apr 2028
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Aditya Birla Sun Life Mutual Fund has filed offer document with SEBI to launch an open-ended target maturity index fund named ‘CRISIL IBX 50:50 Gilt Plus SDL Apr 2028’. The New Fund Offer price will be Rs 10. Entry load and Exit load will be nil. This Scheme provides 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 CRISIL IBX 50:50 Gilt Plus SDL Index-April 2028. The minimum application amount is Rs 500 and in multiples of Re 1 thereafter.
The investment objective of the scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL IBX 50:50 Gilt Plus SDL Index-April 2028 before expenses.
