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Aditya Birla Sun Life Mutual Fund files offers document for SDL Plus AAA PSU Bond Apr 2027 60:40 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 SDL Plus AAA PSU Bond Apr 2027 60:40 Index Fund‘. The New Fund Offer price is Rs 10. Entry load will be nil and Exit load For redemption / switch-out of units on or before 30days from the date of allotment: 0.5% of applicable NAV; for redemption / switch-out of units after 30 days from the date of allotment will be Nil. The Scheme offers growth and dividend options for investment and seeks to collect a Minimum Target Amount of Rs 20 crore.
The performance of the scheme will be benchmarked with CRISIL IBX 60:40 SDL + AAA PSU Index -April 2027. 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 60:40 SDL + AAA PSU Index - April 2027 before expenses, subject to tracking errors.
