Aditya Birla SL MF introduces Crisil-IBX Financial Services 9-12 Months Debt Index Fund
Aditya Birla Sun Life Mutual Fund (MF) has launched Aditya Birla Sun Life Crisil-IBX Financial Services 9-12 Months Debt Index Fund, an open-ended Constant Maturity Index Fund tracking the CRISIL-IBX Financial Services 9-12 Months Debt Index with relatively low interest rate risk and relatively low credit risk. The NFO opens for subscription on March 18, 2025 and closes on March 20, 2025. The Scheme shall not charge any Entry Load and the Exit Load is nil for the scheme. The minimum subscription amount is Rs 1,000/- and in multiples of Re. 1/- thereafter.
The performance of the scheme will be benchmarked against CRISIL-IBX Financial Services 9-12 Months Debt Index and its fund managers are Sanjay Pawar and Mohit Sharma.
The investment objective of the Scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL-IBX Financial Services 9-12 Months Debt Index before expenses, subject to tracking errors.
