Aditya Birla Sun Life MF introduces Crisil-IBX AAA NBFC-HFC INDEX-Sep 2026 Fund
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Aditya Birla Sun Life Mutual Fund (MF) has launched Aditya Birla Sun Life Crisil-IBX AAA NBFC-HFC INDEX-Sep 2026 Fund, an open-ended Target Maturity Index Fund tracking the CRISIL-IBX AAA NBFC-HFC Index – Sep 2026 with moderate interest rate risk and relatively low credit risk. The NFO opens for subscription on September 30, 2024 and closes on October 07, 2024. The Entry Load is not applicable and Exit Load will be nil for the scheme. The minimum subscription amount is Rs 1,000 and in multiples of Rs 100 thereafter.
The performance of the scheme will be benchmarked with CRISIL-IBX AAA NBFC-HFC Index - Sep 2026 and its fund managers are Harshil Suvarnkar and Vighnesh Gupta.
The investment objective of the scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL-IBX AAA NBFC-HFC Index - Sep 2026 before expenses, subject to tracking errors.
