Aditya Birla Sun Life MF introduces BSE India Infrastructure Index Fund
Aditya Birla Sun Life Mutual Fund has launched Aditya Birla Sun Life BSE India Infrastructure Index Fund, an open-ended Index Fund replicating the BSE India Infrastructure Total Return Index. The NFO opens for subscription on November 14, 2024 and closes on November 28, 2024. No Entry Load is charged for the scheme. The Exit load will be 0.05% of applicable NAV - for redemption / switch-out of units on or before 30 days from the date of allotment and Nil - for redemption / switch-out of units after 30 days from the date of allotment. The minimum subscription amount is Rs 500/- and in multiples of Rs. 100/- thereafter.
The performance of the scheme will be benchmarked at BSE India Infrastructure Total Return Index and its fund manager is Rupesh Gurav.
The investment objective of the Scheme is to provide returns that, before expenses, correspond to the total returns of securities as represented by the BSE India Infrastructure Total Return Index, subject to tracking errors.
