Aditya Birla Sun Life Mutual Fund introduces Nifty Healthcare ETF
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Aditya Birla Sun Life Mutual Fund (MF) has launched the Aditya Birla Sun Life Nifty Healthcare ETF, an open-ended exchange traded fund tracking Nifty Healthcare TRI. The NFO opens for subscription on October 08, 2021, and closes on October 20, 2021. The Entry load and Exit load nil for the scheme. The minimum subscription amount is Rs 500 and in multiples of Rs 100 thereafter.
The performance of the scheme will be benchmarked to the performance of Nifty Healthcare TRI and its fund manager is Lovelish Solanki.
The investment objective of the scheme is to provide returns that before expenses, closely correspond to the total returns of securities as represented by Nifty Healthcare TRI, subject to tracking errors.
