Aditya Birla Sun Life AMC announces suspension of fresh subscription in schemes
Aditya Birla Sun Life AMC has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of the Schemes of Aditya Birla Sun Life Mutual Fund. Pursuant to AMFI email dated March 20, 2024, fresh subscriptions/ switch-in application(s) and existing systematic transactions under the following Schemes of the Fund will be suspended temporarily with effect from Thursday, March 28, 2024 (Effective date) till further notice. All applications received shall be subject to realization of funds on or before the cut-off time of 3.00 pm of the Effective Date. Applications received after the cut-off time on the Effective Date are liable to be rejected and the amount will be refunded to the investor. Name of Schemes: Aditya Birla Sun Life NASDAQ 100 FOF (An open ended fund of fund investing in units of overseas ETF’s and/or Index Fund based on NASDAQ-100 Index); Aditya Birla Sun Life US Treasury 1-3 year Bond ETFs Fund of Funds (An open ended fund of funds scheme investing in units of ETFs focused on US Treasury Bonds having maturity between 1-3 Years); Aditya Birla Sun Life US Treasury 3-10 year Bond ETFs Fund of Funds (An open ended fund of funds scheme investing in units of ETFs focused on US Treasury Bonds having maturity between 3-10 Years).
All other features and terms & conditions of the SID and KIM of the Schemes shall remain unchanged. This Notice-cum-Addendum forms an integral part of the SID and KIM issued for the Schemes read with the Addenda issued thereunder.