Aditya Birla Sun Life Mutual Fund files offers document for CRISIL IBX SDL September 2028 Index Fund
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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 ‘Aditya Birla Sun Life CRISIL IBX SDL Sept 2028 Index Fund'. The New Fund Offer price is Rs 10. 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 is benchmarked by CRISIL IBX SDL Index -September 2028. The minimum application amount is Rs 500 and in multiples of Re1 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 SDLIndex -September 2028 before expenses.
