Aditya Birla Sun Life MF introduces Crisil IBX Gilt June 2027 Index Fund
Aditya Birla Sun Life Mutual Fund has launched Aditya Birla Sun Life Crisil IBX Gilt June 2027 Index Fund, an open-ended Target Maturity Index Fund tracking the CRISIL IBX Gilt Index - June 2027 with moderate interest rate risk and relatively low credit risk. The NFO opens for subscription on May 22, 2024 and closes on June 04, 2024. The Entry load and 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 is measured against CRISIL IBX Gilt Index – June 2027 and its fund managers Bhupesh Bameta and Sanjay Godambe.
The investment objective of the Scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL IBX Gilt Index – June 2027 before expenses, subject to tracking errors.
