Powered by: Motilal Oswal
2025-03-28 04:08:59 pm | Source: Accord Fintech
Aditya Birla SL AMC announces change in fund management responsibilities and exit load of Debt Plus Arbitrage FOF
Aditya Birla SL AMC announces change in fund management responsibilities and exit load of Debt Plus Arbitrage FOF

Aditya Birla Sun Life AMC has announced notice-cum-addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of the Aditya Birla Sun Life Debt Plus Arbitrage FOF. Following changes will be carried out in Aditya Birla Sun Life Debt Plus Arbitrage FOF, an open ended scheme investing in dynamically managed portfolio of Debt Funds and Aditya Birla Sun Life Arbitrage Fund (the Scheme) with effect from Friday, March 28, 2025 (the Effective Date): Previously the scheme was managed by Kaustubh Gupta will now be co-managed by Kaustubh Gupta and Harshil Suvarnkar; and the exit load of the scheme will be revised from '0.25% for redemption within 15 days' to 'Nil'.

 

In view of the above, relevant changes will be carried out in the SID and KIM of the Scheme. All other features and terms & conditions of the SID and KIM of the Scheme shall remain unchanged. This Notice-cum-Addendum forms an integral part of the SID and KIM issued for the Scheme read with the Addenda issued thereunder.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here